Retirement
Trio banned over £44m pension transfer mis-selling scandal
Victims had their funds placed into high-risk investments based in Mauritius
International trust and pension provider buys UK firm
And purchased the Sipp book of an administration-hit business
Cost-of-living crisis triggers 23% surge in taxable pension withdrawals
£3.6bn was taken in the first quarter of this financial year
‘Woeful’ British Steel IFA company fined £2.4m
It provided unsuitable pension transfer advice to both BSPS and other DB members
FCA wants pension providers to boost consumer engagement
As it sets out standards to make sure savers can access ‘value for money products’
