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...
Had previously put on hold
In favour of Russell Adams
Jump from 554 in 2019
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.
Run by Money and Pensions Service
1.6% uptick in construction sector
Looking to triple size of advice business
Latest acquisition expands presence in Leicester and London
Ameriprise Financial strikes £615m deal