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The Financial Services Compensation Scheme (FSCS) has revealed it has so far paid out £1.1m to former Active Wealth clients hit by the British Steel pensions debacle.

Experts have hailed the onset of a ban on pensions cold calling which came into force today.

SIPPs firm Curtis Banks has revealed that its chief financial officer, Paul Tarran, is to stand down and resign from the board.

SIPPs and SSAS firm Talbot and Muir has warned that many SSAS arrangements are being charged high fees but receiving little or no service. 

MPs on the Works and Pensions Committee have voted to investigate contingent charging on pension transfers but some in the industry are sceptical about the benefits of such a move.

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