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Dispute over ‘mandatory’ cashflow modelling for DB transfers

A dispute over whether cashflow modelling is to become “effectively mandatory” for DB transfers has broken out between a software firm and the FCA.
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Chartered Financial Planner's new firm issues transfer warning

A new firm, Pension Advice Specialists (PAS), which offers advice on pension transfers has warned of a gap in the availability of guidance.
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Claims management companies to be forced to disclose fees

The Financial Conduct Authority has today published its draft rules outlining how it plans to regulate claims management companies (CMCs) when it takes over their regulation from 1 April 2019.
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7IM warns of ‘retirement crisis’ in new research

Longevity and a decade of historically low interest rates have created “a dangerous cocktail” for the over-50s generation, according to new joint research by the London Institute of Banking & Finance and Seven Investment Management.
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Aegon fears over ‘demonising’ of SIPPs

Aegon has warned that concerns over investing in unregulated investments could damage how consumers view SIPPs despite few SIPPS allowing unregulated investments.
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  1. Mattioli Woods stops providing DB transfer advice
  2. Pensions Freedoms ‘make it easier for scammers’ 
  3. SIPPs firm for sale as legal costs grow
  4. FOS data shows 37% surge in SIPP complaints

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