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Pension trustees plead guilty to illegal loans
A pair of pension trustees have pleaded guilty to making illegal loans from a company pension scheme to the scheme’s employer.
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FCA under fire over £46m Blackmore collapse failings
The Financial Conduct Authority is facing strong criticism for its handling of the £46m Blackmore Bond collapse which has left a number of investors facing thousands in losses.
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Transfer warnings often triggered for ‘unknown’ reason
Almost half (44%) of amber pension scam warning flag guidance sessions are being conducted without knowledge of why the flag was raised, according to the Money and Pensions Service (MAPS).
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Pensions broker defaults with SIPP and investment claims
Pensions broker Daniel Stewart & Company plc has been declared in default by the Financial Services Compensation Scheme (FSCS), opening the door for investors to claim compensation.
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Savers cut back but remain committed to pensions
A new consumer finance survey carried out this month suggests that 32% of people have cut back on saving due to the cost of living crisis.
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