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FCA warns about abuse of Sipps by 'free pension review' firms

The FCA has warned that some firms offering consumers 'free pension reviews' are using Sipps and SSAS to transfer people into high risk unregulated investments.
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AMPS Conference gets under way at critical time for sector

The Annual Conference of AMPS (the Association of Member-directed Pension Schemes) gets under way today (Weds 21 May) in London at a critical time for the sector, says chairman Neil MacGillivray.
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Ombudsman to report sharp rise in Sipp complaints

The Financial Ombudsman is set to release figures tomorrow showing a rise of approximately 50% in the number of Sipp complaints it has received in the past year, with growing concerns about Ucis.
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Ombudsman says pension complaints falling overall

Despite a rise in overall complaints, the Financial Ombudsman says that the number of complaints it handled on pensions and investments for the year to March fell from 19,834 to 15,938.
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Advisers called on to support 'Better Outcomes' campaign

Financial Planning and forecasting specialist eValue has launched a "Better Outcomes for All" campaign to encourage the pensions and investment sectors to better serve the investing public.
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  1. 1 in 4 experts warn that 20% of pensioners could exhaust funds
  2. 73% of experts say annuities will remain 'key' in retirement planning
  3. Income drawdown adviser reports 80% leap in demand for advice
  4. Sipp and SSAS firm warns businesses over auto-enrolment

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