Retirement
Retirement | 7 Jul 17
FCA orders yet another firm to cease pension transfers
UK advice firm Heather Dunne IFA (HDIFA) has been ordered by the Financial Conduct Authority (FCA) to stop proving advice on pension transfers making it the latest in a string of firms to be sanctioned under an industry-wide crackdown.
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.
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.
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.
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.