Drawdown clients are being exposed to high-risk investments without their knowledge leaving advice firms on a “ticking time bomb” of potential complaints, according to Financial Planning fintech EV Financial Solutions.

Manchester SIPP provider iPensions Group has acquired a portfolio of SIPP and SSAS business from Morningstar Wealth Retirement Services Ltd.

Nearly two in three adults aged 40 and over fail to understand what the pensions Triple Lock does, according to a new survey.

In my last article for SIPPs Professional, I focused on the role of the professional trustee and outlined the fiduciary responsibilities cast upon them as emphasised by the Pensions Ombudsman (TPO) in its case PO-256984.

“You’ve overpaid income tax on your pension? Well, at least you’ve not underpaid!”