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Fergus McDiarmid, Partner and Property in Pensions Team Lead at Scottish law firm Morton Fraser, writes about why he believes the Sipp sector is showing resilience in difficult times.
The top 20 firms with the highest proportion of FOS complaints resolved in favour of the consumer in the life, pensions and decumulation category have been named.
A national IFA group fears that Treasury pension proposals will hurt the sick and redundant.
As I am getting older, I don’t know if my tolerance levels are lower than they once were but at the moment, every time I read a story about the number of SIPP complaints being received by The Financial Services Compensation Scheme and Pensions Ombudsman it makes my blood boil.
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A flexible retirement, involving a gradual reduction of hours and stopping work at an acceptable age, is likely to be a mirage for millions of people based on current levels of saving.