An ex-director of an advisory firm has been banned for Sipp related failings that left many customers facing losing all of their pension funds.
Many of the nearly two million small employers approaching their pensions auto-enrolment staging dates are in danger of missing deadlines by underestimating the amount of data needed to complete the process, an advice firm has warned.
A new online planning tool designed to create a “simple picture of pension savers’ options” has been launched.
Demand for annuities appears to have climbed, with sale increases suggesting somewhat of a recovery since the slump in April, research has shown.
The pensions industry must act swiftly and decisively itself on ‘excessive’ exit fees or it will be forced to do so by new legislation, a Sipp firm expert says.
A Leicestershire-based firm of independent financial advisers is to create its own white labelled full Sipp.
Losses due to pension scams more than tripled to nearly £5m in the month after the pension reforms took effect as liberation scams tripled, new figures suggest.
A pension advisory business has reported 11 possible pension scam companies that are appearing in Google ads or search results.
Fines worth just under £170,000 were handed out to firms for auto-enrolment failings in the 12 months from April 2014.
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