There is a medium risk of an interim levy on life and pensions advisers from the Financial Services Compensation Scheme (FSCS) due to the volume of claims against self invested personal pension (SIPP) providers, it has said.
The Pensions Ombudsman has announced delays to its decision on upwards of 84 complaints related to suspected liberation fraud, claiming it is "not yet in a position to publish" conclusions.
The Financial Conduct Authority (FCA) is seeking examples of occasions the industry suspects it may have applied its rules after the fact with the benefit of hindsight.
The scale of commissions taken by HSBC bank advisers for one-off pension transfer work has been revealed in a judgement delivered by the Financial Ombudsman Service (FOS).
Another Keydata adviser has been declared in default by the Financial Services Compensation scheme (FSCS), as it published a new list of 28 advice firms unable to meet claims against them.
More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).
Revealed: What advisers told the Treasury about pensions 'guidance'
Former director of the Association of British Insurers (ABI) Maggie Craig has been appointed as the Financial Conduct Authority's (FCA) interim head of savings, investments and distribution.
The cost of investing through self-invested personal pension (SIPP) wrappers will increase after new capital adequacy rules come into force, a provider has warned.
All UK commercial property should be classed as a non-standard asset in a self-invested personal pension (SIPP) due to the uncertainty that exists around transfers, according to Suffolk Life.