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2 advice firms default after 88 pension transfer claims
The Financial Services Compensation Scheme has declared two advice firms in default with over 88 pension transfer claims between them.
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SIPP ‘Boomers’ driving demand for regulated advice
A new survey warns that many Baby Boomers - those aged 58-75 bracket - are being forced into early retirement and would prefer to retire later - past 70 in many cases.
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MPs call for auto-enrolment for the self-employed
A group of MPs have called for an auto-enrolment mechanism to be introduced for self-employed to get more saving into pensions.
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4 in 10 enter decumulation without advice
Four in ten decumulation products bought in 2021 were purchased without professional advice, according to product sales data from the Financial Conduct Authority.
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Pair jailed for £20m SIPP transfer fraud
A pair who masqueraded as advisers to defraud pension savers of £20m have been jailed.
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