Savers with workplace pension schemes are significantly less likely to understand or engage with their pensions compared to their counterparts with personal pensions, according to new research.
Read more ...Workplace pension savers are more likely to be disengaged
- Monday, 30 October 2023
- Articles
Planner urges Chancellor to address retirement fears
- Monday, 30 October 2023
- Articles
Clients are increasingly worried about the prospect of maintaining their desired standard of living in retirement, according to Teesside Financial Planning firm Active Chartered Financial Planners.
Read more ...TPR bans motorcycle boss from being a pension trustee
- Monday, 30 October 2023
- Articles
The Pensions Regulator has banned Stuart James Garner, 54, the former owner of Norton Motorcycles, from acting as a pension trustee again after he was found guilty of using pension fund money to invest in his failing business.
Read more ...John Moret: Inside the pensions black box
- Monday, 30 October 2023
- Articles
As he enters his 75th year, one of the UK's leading SIPP and pensions experts John Moret, still working part-time in the pensions sector, has written a series of articles for Financial Planning Today reflecting on topics that have occupied him over the last 50-plus years. This is the fourth article in the series. Previous articles are available on Financial Planning Today by searching for 'john moret.'
Read more ...FSCS pays out £9.7m on failed pension transfer adviser
- Monday, 30 October 2023
- Articles
The Financial Services Compensation Scheme has so far paid out just over £9.7m on 234 successful claims against failed firm Portal Financial Services LLP, formerly Portafina LLP (FRN 501272).
Read more ...Trade body voices ‘deep’ concern over SSAS levy rise
- Friday, 27 October 2023
- Articles
The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has voiced “deep concerns” about a big proposed rise in a DWP pension scheme levy which could hit SSAS providers and other small pension scheme in the pocket.
Read more ...£37m fraudsters forced to hand over pension funds
- Friday, 27 October 2023
- Articles
Two fraudsters convicted of a £37m VAT swindle, one of the UK’s largest, have been forced to hand over £685,000 in pension funds.
Read more ...FCA probes NatWest data breaches after Farage row
- Friday, 27 October 2023
- Articles
The FCA is to probe potential regulatory breaches related to NatWest's unilateral closure of politician Nigel Farage’s Coutts bank account earlier this year.
Read more ...Campaigners urge probe into ‘missing’ £10m at PFS
- Friday, 27 October 2023
- Articles
Members of the OurPFS campaign group of Financial Planners has called for an investigation into what it alleges is a ‘missing’ £10m in funds it says are being held by PFS parent body the Chartered Insurance Institute.
Read more ...CII CEO Vallance quits to head ICAEW
- Thursday, 26 October 2023
- Articles
Chartered Insurance Institute CEO Alan Vallance has resigned after just over a year to become the new CEO of the Institute of Chartered Accountants in England and Wales (ICAEW).
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