The Financial Conduct Authority has fined investment platform Charles Schwab UK Ltd (CSUK) £8.96m for a series of safeguarding and compliance failures.

The Pensions Regulator has so far issued 115,459 auto-enrolment fixed penalty notices since the start of the workplace pension scheme in 2012.

Apricity Compliance is offering 90-days free access to new users to enable them to adapt to working remotely.

I ended my last commentary by expressing concern for all senior managers working with SIPPs – whether as a provider or adviser – given the ongoing regulatory uncertainty particularly around the responsibilities for investment due diligence.