Advice firms Pembrokeshire Mortgage and Mansion Park have been named alongside Active Wealth as firms that have had their pension transfer permissions suspended in the wake of the British Steel Pension Scheme (BSPS) closure.
Financial Conduct Authority (FCA) director of supervision Megan Butler revealed the names during this morning's Work and Pensions Committee hearing. FCA register entries for both Pembrokeshire Mortgage...
Maximum 30% of redress
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Third Covid-19 resilience survey sent to advisers
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
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