Regulation

The average compensation payout for a SIPP-related claim against failed IFAs rose almost 50% in 2014-15 against the previous 12 months, prompting a £20m interim levy on life and pensions advisers.

The government has introduced anti-avoidance measures to stop people using salary sacrifice to ‘lower' their salary to get around the lower annual allowance for high earners.

Growing pains or increasing complexity?

The changing face of boiler room 'scams'

Pension savers withdrew £1.8bn from pots in the first two months following the opening up of the retirement income space, data from the Association of British Insurers (ABI) has revealed.

Industry figures have warned the green paper on pensions tax relief published last week is "not a genuine consultation" as the government has already decided on the outcome.

Phoenix Life has been ordered to pay an adviser redress after the Financial Ombudsman Service (FOS) found it had not responded quickly enough to his complaint.

The Financial Conduct Authority (FCA) is warning investors against three fake firms pretending to be authorised businesses.

Prudential has been cleared of any wrong-doing by the Pensions Ombudsman after it granted a transfer to a suspicious pension scheme.

Advisers have been urged to review any small self-administered schemes (SSAS) on their books to ensure the pensions properly comply with strict HM Revenue & Customs (HMRC) rules.