Displaying items by tag: pension transfers

The Financial Services Compensation scheme is investigating Wellington Court Financial Services Ltd over the transfer of client pensions into a SIPP.

A record high 78% of pension transfers raised at least one warning sign of potential scam activity in April.

Amber flags are being raised on potentially low-risk pension transfers due to a ‘weakness’ relating to overseas investments in the new rules, according to a new report.

The FCA has relaunched its pension transfer ‘advice checker’ tool for consumers to help them assess whether they have received unsuitable advice.

Seven in ten pension transfer requests made in March showed indicators according to the XPS Pension Scam Flag Index.

The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.

Men are almost twice as likely to be at serious risk of pension transfer fraud than women, according to a new report.

Pension transfer activity dropped to its lowest level in four years in December.

The Financial Conduct Authority has sent a survey to 2,500 advice firms on its work related to the British Steel Pension Scheme (BSPS).

A third of Financial Planners have reported an increase in demand for pension consolidation advice over the past year, according to a new report.