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Pension Wise users 'more likely' to see an adviser
The government-backed pension advisory Pension Wise says its users are more likely to use a financial adviser after taking guidance from the service.
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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 it prepares for a new round of price cuts.
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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 FCA which is to scrutinise the harm to consumers from advisers who levy ‘excessive fees and charges.’
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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 recent quarter. Both recently floated on the stock exchange.
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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 past three months after struggling to find professional indemnity insurance cover, the Personal Finance Society has said.
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