The Financial Services and Compensation Scheme (FSCS) is now accepting claims against self-invested personal pension (SIPP) operator Guinness Mahon.
In a note published this morning (29 October), the FSCS said it was aware that many IFAs recommended GMTC [Guinness Mahon Trust Corporation] customers to transfer their pension into a Guinness Mahon SIPP....
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.
'This sleepy corner on the occupational pension world is ripe for a service upgrade'
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