Self-invested personal pensions (SIPP) have failed to properly disclose retained interest charges linked to cash accounts and now face stricter regulatory rules.
The Financial Conduct Authority's (FCA) latest consultation paper on pensions said the SIPP industry earns about £60m a year from retained interest charges which is not being included in projections, effect...
Lasting power of attorney
Three risk profiles
Caused by falling oil price
Roger Marsden takes over on interim basis
Will face 'appropriate action'