Six people have been charged over a pension fund and SIPP fraud which involved £75m being invested into storage units in the North of England and Scotland.
The State Pension age may need to rise as high as 80 to deal with a long term funding crisis, according to new modelling by pension consultants and actuaries Barnett Waddingham.
A quarter, 24%, of people have little to no idea about how much they and their employers are paying into their pension.
I attended the launch in central London this week of the Personal Finance Society’s £1m drive to find new blood for the profession and tackle the worrying long-term decline in new entrants. It was a sobering morning.
SIPP operator Corporate & Professional Pensions Ltd (FRN: 465748) has been declared in default by the Financial Services Compensation Scheme.
Three in five UK investors (57%) would consider investing in illiquid assets through Long-Term Asset Funds (LTAFs) when they are allowed in ISAs, according to new research.
I don’t think I was the only one a little surprised by the Chancellor’s decision this week to order a significant review of at least part of the Consumer Duty, which was only fully introduced in 2023.
Hargreaves Lansdown has removed the Schroder Income fund from its Wealth Shortlist because of changes to the fund management team.
A Canterbury University student who sold more than a thousand phishing kits - used by scammers to defraud victims of more than £100m - has been jailed for seven years.
Jupiter Fund Management saw assets under management rise by 4%, climbing £1.8bn to £47.1bn in the first six months of the year.