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Extra FSCS levy looms due to growing claims linked to Sipps

Advisers have been warned they face an extra FSCS levy next year as a result of rapidly growing claims related to Sipps.
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CEO to get ban over 'unsuitable' Sipp-related advice

An adviser is set to be banned and fined over 'unsuitable' advice related to switching pension funds via Sipps into unregulated investments.
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FCA may introduce tougher scrutiny of retirement income sector

The FCA is mulling proposals to introduce two new regulatory returns to collect more data about the retirement income market from providers of retirement income products.
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Huge jump to 1.5m in people seeking state pension forecasts

In the six months after the launch of the new State Pension in April more than 1.5 million personal State Pension forecasts were issued, says the Department for Work and Pensions.
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Fears that SSAS could be victim of scam crackdown

A Financial Planning firm director fears genuine entrepreneurial investors maybe put off from using flexible pensions such as SSAS, following signals of a scam crackdown.
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  1. Govt to examine pensions cold call ban after planner campaign
  2. Campaigner: Don't let cold call ban fail due to investments
  3. FCA wants consideration of greater pooling of pension fund assets
  4. New pensions language guide aims to stamp out confusion

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Features Article Count:  4

Insight & Analysis Article Count:  3

Comment and Blogs Article Count:  291

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