Regulation

Why pensions freedom will spark an advice market renaissance

An adviser who lived rent free in a disabled client's buy-to-let house without his consent or knowledge has been jailed for more than two years.

The Financial Conduct Authority (FCA) is planning to gather evidence on current trends in complaints related to payment protection insurance (PPI).

Stochastic models: The need for greater transparency

More than 160 employers were issued fixed penalties of £400 last year after The Pensions Regulator (TPR) ramped up the use of its powers for auto-enrolment failures.

Providers fear the regulator's new rules on how they must deal with retirees will leave customers wrongly assuming they have received advice, if details of what is expected of them are not published soon, according to an industry figure.

The Financial Services Compensation Scheme (FSCS) has declared one former network and nine other advice firms in default.

Pension scheme members are three times more likely to be approached about accessing their pots since the Budget freedoms were announced, according to research.

Complaints about pensions dealt with by the Financial Ombudsman Service (FOS) have fallen markedly year on year, figures show, with the impending changes to legislation cited as a possible explanation for the drop.

HMRC's crackdown on tax avoidance and evasion by people who it calls "mass affluent" saw an income boost of 60% in the last year, a new report has claimed.