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Regulation

Regulation

FSCS: 'Medium' risk of interim levy due to SIPP claims

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.

clock 22 August 2014 •

Pensions

Pensions Ombudsman announces further delays to liberation decisions

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.

clock 21 August 2014 •

Regulation

FCA calls for examples of retrospective regulation

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.

clock 21 August 2014 •

Regulation

HSBC advisers took 15% commission for SIPP set ups

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).

clock 19 August 2014 •

Regulation

Keydata claims another adviser as 28 firms declared in default

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.

clock 14 August 2014 •

Pensions

Auto-enrolment hits four million milestone

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

clock 14 August 2014 •

Income

Revealed: What advisers told the Treasury about pensions 'guidance'

Revealed: What advisers told the Treasury about pensions 'guidance'

clock 12 August 2014 • 4 min read

Regulation

Ex-ABI director steps up to interim head of FCA department

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.

clock 11 August 2014 •

Pensions

SIPP fees could shoot up 30% under cap ad rules, provider warns

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.

clock 07 August 2014 •

Pensions

SIPPs: Provider hits out over FCA commercial property call

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.

clock 04 August 2014 •
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