How was the British Steel pension scandal allowed to happen?

A damning report from the UK’s Work and Pensions Committee has blasted the actions of some financial advisers who acted like “vultures”, and who “bamboozled” British Steel Pension Scheme (BSPS) members, raising questions about how this could happen in a post-RDR world?

Best Practice | 15 Feb 18

Advisers across the globe say qualifications are far too low

Nearly half of the advisers worldwide regard the level of financial qualifications in their region as far too low, with those in Asia far more concerned that any other, according to the results of a poll by International Adviser.

Best Practice | 14 Feb 18

Beware deadlines for ombudsman complaints

A former Aviva Life Service UK client has lost his bid to be compensated for poor service, following delays in taking out a tax free lump sum from his pension, because he waited too long to make the complaint.

Best Practice | 14 Feb 18

The Fry Group names MD for big push into new markets

The Fry Group has revealed its new managing director and chairman from 1 April is to be Jeremy Woodley, its long-standing sales and marketing director, who is intent on accelerating plans for further offices across the world.

Best Practice | 14 Feb 18

7IM launches decumulation service for advisers

Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.

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