Financial advice firm Professional Financial Services (PFS) has been ordered by the Financial Ombudsman (FOS) to pay out after advising a client to invest in an unregulated collective investment scheme.
Read more: Adviser to pay out for second time over UCIS investments
FCA regulated stockbroker and investment platform app Freetrade has launched a SIPP, administered by Gaudi.
Warrington-based LJ Financial Planning has been fined £107,200 by the Financial Conduct Authority (FCA) for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.
Read more: FCA fines Financial Planner over pension transfer advice
Over a third (35%) of Britons have never reviewed their plans for retirement, with more than 29% admitting they do not expect to have enough money when they do retire, according to new research.
Read more: Third of Britons never reviewed retirement savings
iPensions Group has launched an adviser portal to enable adivsers to compelte the SIPP application online.