The Financial Ombudsman Service (FOS) has said an advice firm must pay compensation to a client after advising them to invest in an unregulated, overseas property scheme.
Miss D - as referred to by the ombudsman - said she was given unsuitable advice to transfer her occupational pension scheme (OPS) and personal pensions to a self-invested personal pension (SIPP). She...
But steady transfer values
Defined contribution (DC) pension wealth in the UK has more than doubled since the start of auto-enrolment in 2012, raising concerns about lost pensions.
'This sleepy corner on the occupational pension world is ripe for a service upgrade'
Entered administration in February
Part of its Transfer Watch tracker
From the horse's mouth