I have just been reading the appeal of an unauthorised payment charge on a Sipp member where an investment was made into a company and from this investment a loan was made to the member.
Final salary pensions are at risk, due to the ‘new normal’ of a sluggish economy and low returns.
The FCA has warned pension scheme operators over failing to identify non-standard assets.
Sipp specialists say there is still an appetite and a place for non-standard investments, after James Hay banned them for new customers.
The Pensions Ombudsman has told a firm it must pay out after a client complained about the “incorrect and inconsistent valuation of his pension fund”.
Almost half of workers would stay in work if they were offered more flexibility by their employers in later life, according to new research.
The one pension topic guaranteed to create a healthy discussion is that of defined benefit (DB) transfers.
A former Department of Defence Minister has been handed a new ministerial role at the Department for Work and Pensions.
A pensions firm has started a new fee schedule, which it claims will simplify charges.
After serving six years on the AMPS Committee, three years of which as Chairman, I felt that it was the right time to step down and let someone else take the helm.
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