The retirement outcomes review continues to cause fun and games in the world of pensions. Particularly for those with more complex pension products.
As the Chair of AMPS, I dread the day that the Financial Ombudsman Service complaints data is published.
The Association of Member-Directed Pension Schemes (AMPS), the industry body representing SIPP operators and SSAS practitioners, has today revealed Claire Trott of St James’s Place Group has been appointed as its new chairman.
AMPS has urged its members to absorb lessons from the recent Berkeley Burke SIPP judicial review but says the case is “no game changer” for the majority of firms.
A pensions expert has spoken of the personal risks he faced when helping members of the BSPS pension scheme affected by the recent transfer debacle.
The AMPS conference in London yesterday featured a warning on the increasing proliferation of ‘ambulance chaser’ companies seeking to press claims against SIPP providers.
The FSCS has defended itself against suggestions it takes a punitive, enforcement approach against those firms deemed in default.
A senior director at The Pensions Regulator has called on pension holders to be more vigilant to combat increasingly "clever and devious" scammers.
AMPS, which trade association which represents most UK SIPP providers, has written to the FSCS to question its statements on three SIPP providers recently declared in default by the scheme.
AMPS has paid tribute to leading Sipps commentator and former AMPS chairman Mike Morrison, head of platform technical at AJ Bell, who died unexpectedly at the age of 55 earlier this week.
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