The Financial Services Compensation Scheme (FSCS) said it expects the number of advisory businesses declared in default as a result of its investigations into self-invested personal pension (SIPP) advice to rise above the current four.
The scheme said it is receiving increasing numbers of claims against independent advisers who are no longer trading, where advice was given to transfer existing pension schemes to SIPPs. In many cases...
Following FCA letter
Dear CEO letter sent today
Bought BHS for £1
Caroline Siarkiewicz has been appointed as chief executive of the Money and Pensions Service (Maps) after seven months in the position on a temporary basis.
Following 2019 acquisition
14 claims against it