Retirement

The Pension Ombudsman Service (POS) has dismissed a complaint against self-invested personal pension (SIPP) provider Berkley Burke, ruling it was not the firm's responsibility to carry out detailed due diligence on unregulated investments.

Annuity mis-selling investigation highlights value of advice

Sheriar Bradbury sees it from the provider's point of view

Jenna Towler talks to BlackRock’s Tony Stenning and Paul Bucksey

An 'irksome' lifetime allowance case study

Self-invested personal pensions (SIPP) have failed to properly disclose retained interest charges linked to cash accounts and now face stricter regulatory rules.

The Financial Conduct Authority (FCA) has said it is concerned providers' projections of what pension savers can expect to receive in retirement if they buy certain products are too high, and it wants to standardise the process.

Providers will not have to apply the ‘second line of defence' risk warning procedure to pension pots worth £10,000 or under, the Financial Conduct Authority (FCA) has said.

Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).

The Financial Conduct Authority (FCA) wants to completely exclude pension wealth from high net worth investor (HNWI) calculations in order to prevent retirees losing their nest egg in high risk sophisticated investments.