The Financial Conduct Authority (FCA) has warned of a scheme encouraging pension savers to transfer money from their work pension schemes into self-invested personal pensions (SIPPs) to be invested into an AIM listed company.
The regulator said savers are being asked to invest in investment firm Emmit through a SIPP wrapper, and some are being offered 'cash back' on their investments paid by a third party as an incentive to...
Following 2016 thematic review
December 2018 or early 2019
Feasibility study due
'Let’s be bold enough to demand change'
Joint life second death option added to relieve tax burden on couples gifting assets