The pension landscape has changed dramatically over a relatively short period. This is typified by the increasing scarcity of final salary pension schemes available in the workplace, with employers growing more and more reluctant to maintain such long-term pension liabilities. … Read more ….
Heather Dunne is a consultancy firm that specialises in support services for independent financial advisors (IFAs) active in the pension transfer sector. The paraplanner was intrinsically involved with the owner’s alternative business, Heather Dunne IFA, which operated in the final … Read more ….
The British Steel Pension Scheme (BSPS) scandal has had severe ramifications for the final salary pension transfer sector at large, resulting in thousands of compensation claims and swathes of regulatory changes from the Financial Conduct Authority (FCA). Numerous independent financial … Read more ….
Financial complaints against Greyfriars Asset Management were sure to be incoming after the firm received new restrictions from the Financial Conduct Authority (FCA) in August 2018. It has been less than a month since the self-invested personal pension (SIPP) provider … Read more ….
Registering a financial claim against an investment or advice firm that is still trading in the UK can be a lengthy and complicated process. The first stage is to complain directly to your service or product provider and wait for … Read more ….
Cherish Wealth Management was a self-invested personal pension (SIPP) provider that became infamous for mis-selling alternative investments of a high-risk nature to retail customers. Rumours of severe conflicts of interest, links to a Serious Fraud Office (SFO) investigation, and mounting … Read more ….
In mid-May of this year, the Pension Protection Fund (PPF) came under scrutiny from the European Court of Justice (ECJ) for its payment cap, which limits the amount of pension compensation that higher earning claimants were entitled to. Currently, the … Read more ….
Mattioli Woods is a very successful wealth management firm based in Leicester, handling client accounts with a total value exceeding £8.73 billion. The company recently published a pre-tax profit of £9.8 million for the tax year 2017/18 and is planning … Read more ….
In recent years, independent financial advisors (IFAs) received the lion’s share of the revenue from final salary pension transfers. They were among the most lucrative services for IFAs with high-charging structures or commission schemes. Pension holders were enticed to transfer … Read more ….
James Hay Partnership, part of the IFG Group, is a self-invested personal pension (SIPP) provider with decades of experience in the UK’s retirement savings sector. The firm claims to have managed over £25 billion in client funds across both SIPP … Read more ….