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Pension to Sipp transfers have more than doubled since before the retirement reforms were announced in March 2014, new figures suggested.
The Financial Services Compensation Scheme has revealed a list of another 25 failed finance firms this morning - including a number of pension businesses.
Sipp property investors are being penalised by a rule change made by the the Scottish Government, a Sipps firm says.
The average withdrawal per person from pensions since the freedoms were launched has fallen to under £10,000.
The post-freedoms pension fraud spike was “worse than previously feared”, new analysis indicates.
The Treasury must avoid putting shackles on the new Pensions Advice Allowance that could deter younger savers engaging with their retirement planning, a pensions firm says.
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