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The Financial Conduct Authority (FCA) is concerned about how pension freedoms are impacting consumers and quite rightly so, especially with regards to those accessing their retirement savings and not taking advice, putting them at risk of running out of money, or worse, being scammed.
Foster Denovo has launched its own investment platform for advisers alongside a new range of Dynamic Portfolios (DPs).
SIPPs firm GPC SIPP Ltd has gone into administration.
Staveley will be a familiar name to many. The test case for IHT treatment of pensions following transfer in ill health has been in the news many times since Mrs Staveley’s passing all the way back in December 2006.
XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.

SIPP and platform provider AJ Bell has warned that the cost of reversing the increase in state pension ages could top £200bn.

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