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Retirement

Woman fined for not helping in £13m pension scam probe

Retirement | 7 Jul 17

Woman fined for not helping in £13m pension scam probe

An office manager of a firm currently under investigation by the UK’s Pensions Regulator (TPR) for running a suspected £13m (€14.7m, $16.8m) pension liberation scam has been convicted of withholding information.

Selectapension suspends Qrops transfer service after FCA audit

Retirement | 6 Jul 17

Selectapension suspends Qrops transfer service after FCA audit

A UK firm which writes third party Qrops transfer reports has suspended its defined benefit pension transfer business following an FCA audit.

Eight tips to consider before advising millennials

Best Practice | 5 Jul 17

Eight tips to consider before advising millennials

Today’s millennials are tomorrow’s clients, says Craig Featherby, chief executive of South African advisory firm Carrick Wealth. Their different attitudes to things like money mean millennials use language differently to talk about it. In order to advise them, we need to understand how they communicate, he adds.

Standard Life wins case over pension transfer values

Retirement | 4 Jul 17

Standard Life wins case over pension transfer values

The UK’s Pensions Ombudsman has ruled in favour of trustees of the Standard Life Staff Pension Scheme, after a staff member claimed he had lost out on a proposed transfer.

Ombudsman upholds Sipp complaint against Curtis Banks

Best Practice | 4 Jul 17

Ombudsman upholds Sipp complaint against Curtis Banks

Self-invested pension provider Curtis Banks has been criticised by the UK Pensions Ombudsman for negligence and maladministration.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.