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Four trustees of a master trust, who failed to promptly invest members’ savings for three years, affecting 9,081 members and contributions of £1.4 million, have been fined by The Pensions Regulator (TPR).

Chancellor of the Exchequer Philip Hammond promised to ‘unlock’ the “untapped firepower of defined contribution pension schemes.” 

Liberty SIPP is to be wound up and its assets merged with rival EBS Pensions, part of the Embark Group.

Financial Planner and wealth manager Saunderson House has parted company with its investment director Chris Sexton after 14 years.

Baroness Ros Altmann is due to give a prestigious lecture on pensions at London’s University of Westminster.

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