United Kingdom
SJP rejects mis-selling and forgery allegations
A client reported the firm to the Ombudsman over doctored documents
Lack of joined-up thinking risks undermining advice review
UK pension transfers, ombudsman award limits and compensation scheme changes not on the agenda
HMRC offshore tax pot sky-rocketed 72% in two years
Elite unit sifting through bank account records from Channel Islands, Bermuda and BVI – among others
HMRC unaware of number of pension tax relief breaches
A freedom of information request revealed the taxman doesn’t keep track
Snowballing pension charges could cost up to £40,000
Making the wrong choice early on can have massive implications for a client’s retirement pot