James Coney: Providers need to raise standards on DB transfers
I’ve been waiting for a while for anyone to come up with a good argument as to why introducers – particularly those that intervene on DB pension transfers – should not be banned....
I’ve been waiting for a while for anyone to come up with a good argument as to why introducers – particularly those that intervene on DB pension transfers – should not be banned....
The Work and Pensions Committee will examine the impact of pension freedoms, with the initial focus of its inquiry looking at whether savers are adequately protected from pension scams. This is the...
A strong faith in nudge and a deep focus on conflicts of interest are the two themes that emerge when talking to Baroness Jeannie Drake, the Labour peer who was one of the original...
The Public Accounts Committee has called for a review of pension tax relief, to ensure it is effective and providing value for money. This is part of a wider review into tax...
Pension savers in defined benefit schemes could lose up to 20 per cent of their income, if government reforms to the way inflation is calculated go ahead. This stark warning comes from...
Mattioli Woods has helped clients recover almost £10m of funds that had been lost to Stadia Trustees. The wealth manager and employee benefits adviser had been working with the Financial Services Compensation...
Fraudsters have raked in around £4m in by ‘cloning’ existing investment products, and persuading investors to buy them. The Investment Association has seen 300 incidences of this fraud to date. It warned...
The economic fallout of Covid-19 could cause serious problems for unbundled DC schemes, thanks to a lack of regulation. Salvus Master trust has warned of a “ticking time bomb” in the sector,...
The Covid crisis has led to an increase the number pension savers concerned about the security of DB workplace pension schemes. Wealth manager Killik & Co has reported a significant jump in...
Vanguard’s head of pensions, Andrew Marker, will replace Tom McPhail as chair of the Star Steering Group, which aims to improve standards on pension transfers. The steering group is made up of...