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Mattioli Woods stops providing DB transfer advice

Mattioli Woods is to cease providing pension transfer advice to individuals with safeguarded benefits and is now undertaking a full review.
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Pensions Freedoms ‘make it easier for scammers’ 

The managing director of global advisor firm Duff & Phelps has said Pension Freedoms have encouraged scammers. 
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FOS data shows 37% surge in SIPP complaints

Complaints about SIPPs to the Financial Ombudsman rose by 37% over the past 12 months but complaints about IFAs fell steeply at the same time, according to FOS data released today.
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SIPPs firm for sale as legal costs grow

SIPPs and SSAS firm Carey Pensions is up for sale after reporting losses for the second year in a row.
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Retirement savings lost by 7m people

Research by Aegon has revealed that 64% of people had multiple pensions.
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  1. PIMFA urges rethink on contingent charging ban 
  2. Expert reveals risk of whistleblowing in BSPS debacle
  3. Ambulance chasers turning attention from PPI to SIPPs
  4. FSCS: ‘We’re not here to punish defaulting firms’

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