Popular News
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Pension transfer values slip for fourth month
December was the fourth month in a row where pension transfer values monitored by XPS…
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FCA criticises quality of pension transfer advice as it launches review
Many advisers are failing to provide pension transfer advice of an "acceptable standard" says the…
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Recently floated AJ Bell and Transact report strong trading
Platform and SIPP operators AJ Bell and Transact have reported strong trading in the most…
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Transact adds new features as price cuts near
Platform and SIPP firm Transact has added a number of new or enhanced features as…
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PI woes force 30 adviser firms to quit pension transfers
More than 30 financial advisory firms have quit the pension transfer advice market in the…
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Elaine Turtle: Will the new decade be the roaring twenties?
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As you will no doubt be aware, we have recently had the budget date announced…
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Lisa Webster: Are people really forgetting the taper?
Forgetting the taper may be wishful thinking for those of us in the pensions world…
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Lisa Webster: Junior SIPPs – how to pass on pension funds tax free
Starting a pension for a child is a very long-term investment, and probably one only…
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Guest blog: No confidence following Berkeley Burke case
The UK’s Self Invested Personal Pensions (SIPP) industry has recently been shaken by the outcome…
Platform and SIPP firm Transact has added a number of new or enhanced features as it prepares for a new round of price cuts.
Platform and SIPP operators AJ Bell and Transact have reported strong trading in the most recent quarter. Both recently floated on the stock exchange.
Many advisers are failing to provide pension transfer advice of an "acceptable standard" says the FCA which is to scrutinise the harm to consumers from advisers who levy ‘excessive fees and charges.’
More than 30 financial advisory firms have quit the pension transfer advice market in the past three months after struggling to find professional indemnity insurance cover, the Personal Finance Society has said.
December was the fourth month in a row where pension transfer values monitored by XPS fell, although the number of people making a transfer rose.
Soaring SIPP claims have forced the Financial Services Compensation Scheme to increase its levy for 2020/21 by £87m to £635m.