XPS Pension Group has launched a Red Flag Index to measure the incidence of possible scam red flags, as the risk of pension scams increases.
The index, as part of XPS' monthly Transfer Watch tracker, will help give regular insights into activities could be a threat to member outcomes. The Red Flag index will make up one part of the group's...
Entered administration in February
The Financial Ombudsman Service (FOS) has asked adviser firm The On-Line Partnership to compensate a client following unsuitable advice to transfer his pension to a self-invested personal pension (SIPP) and invest in unregulated schemes.
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But amount of money withdrawn down
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First AoV the firm has published