The real value of pensions being taken by scammers in unknown, as The Pensions Regulator and other enforcement agencies don’t know how much money has been lost in these frauds. The official figure, from Action Fraud, shows that has been … Read more ….
National advice firm True Potential has handed out leaflets advertising its final salary transfer service to members of the British Steel Pension Scheme (BSPS). The BSPS scheme, which includes many workers in the Swansea and Port Talbot area, is at … Read more ….
Baroness Ros Altmann, former pensions minister, has been one of the most vocals defenders of the introduction of the cold calling ban. The government announced the introduction of this ban back in August, to be legislated when parliamentary time allows. … Read more ….
Five men jailed for conning celebrities to invest in £100 million tax fraud scheme Believed to be the biggest tax fraud in UK history, the scheme promoted ‘ethical’ environmental projects to convince investors they could reduce their tax bills by … Read more ….
The General Data Protection Regulation comes into force on 25 May 2018. One of its main concerns is data security. Whether we are sole traders or vast call centres what steps can we take now to avoid incurring penalties imposed … Read more ….
ICO warns data broking industry after issuing £80,000 fine to unlawful data supplier In its latest newsletter the ICO reported that it had fined a firm trading in people’s personal information and describing itself as ‘the UK’s Premier Lead Generation … Read more ….
Firms are advised by FCA to tighten up due diligence on introducers The FCA has issued specific guidance this week on the recruitment of agents and introducers in an attempt to prevent ‘outright scams’ where introducers are linked to financial … Read more ….
DB transfer scandal heats up The once slow burn reveal in mis-advised Defined Benefit transfers is now hotting up, with St James’s Place (SJP) the latest to be put in the hot seat thanks to one of its partner … Read more ….
In a recent article by Helen Burggraf of International Investment further doubts about the future of Alternative Investment Store First have been revealed as a result of a recent wind-up petition This is good news for investors in Store First … Read more ….
Panorama goes undercover to expose how the Government’s latest pension freedoms are being abused by some companies to get their hands on people’s retirement pots. This is a report from the weekly current affairs programme.