All advisory firms face the prospect of an interim levy from the Financial Services Compensation Scheme (FSCS) in 2015-2016 following a swell of claims related to self-invested personal pensions (SIPPs).
Curtis Banks, the specialist self-invested personal pension (SIPP) provider, is planning an £85m float on AIM.
A retiree's complaint against Friends Life over its failure to pay his annuities on time for a decade has been rejected by the Financial Ombudsman Service (FOS), despite FOS and Friends admitting the delays are poor customer service.
The true cost of pensions freedom remains misunderstood
Single out what clients actually want and only charge for that, rather than 'pandering to the wealthy' with expensive packaged bank account-style add-ons, an advice firm has said, as it launched its 'manifesto' for the coming years.
Five unintended consequences of pensions freedom
‘Short-term pension freedom decisions will cause long-term problems’
BlackRock has launched its first drawdown offering for pension schemes to capitalise on the Budget freedoms introduced earlier this month.
Three things clients may call you about this week
Everything advisers need to know about the week