The regulator has encouraged people to seek independent financial advice if approached about investing their pension, as it warned of a rise in investment scamming ahead of the pensions freedom coming into force in April.
Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...
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The continued cut to the amount people can save in their pension pots before a tax charge applies could incentivise people to invest in higher risk products, an adviser has said.
The Financial Service Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.