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Transferred your British Steel Pension? As many as 1in3 may have been mis-sold

Has your pension transfer away from BSPS put you at hidden risk? The Financial Conduct Authority has released some data from it’s urgently…
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Scam Sharks Already Circling Carillion Pension Scheme Holders

Echoes of 2017’s British Steel Pension Scammers An article in FTAdviser has told how pension scammers may already be “circling” the 28,0000 Carillion pension…
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“InvestUS” Exit Strategy to explore winding-up options after investor requests

Steve Wright expressed his intentions in a December 2017 Exit Strategy Update Exit Strategy – the high risk and FCA-unregulated US housing investment, often…
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FSCS add J. Richfield and Cumulus Investment Management to default claims list

It means that the FSCS will pay out on successful claims against both companies The FSCS has declared 15 firms in default, meaning…
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Transferred your Final Salary pension recently? The FCA will be questioning your adviser…

The financial services regulator is concerned with dodgy DB transfer advice Transferring a Final Salary of other type of defined benefit pension can…
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SHOCKER: Foreman Financial Services (GraingerCo) ignores Ombudsman over mis-sold SIPP complaint

The Tunbridge Wells firm is now closed, after the FCA revoked their authorisation Foreman Financial Services, which often traded as GraingerCo has closed…
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The ‘SIPP Claims Scandal’ gets bigger: FSCS seeks more funding to pay mis-sold pension claims

The “Lifeboat” Compensation scheme is increasing levies to pay claims… If there was any doubt that a major UK SIPP mis-selling scandal is…
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British Steel Pension Transfer worries roll into 2018

The saga seems far from over… Bartholomew Hawkins Stops Pension Transfers 21 firms ignore FCA training request Concerns surrounding the practices of some…
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“Feeding Frenzy” of financial advisers surround Port Talbot Steel Pensions

Channel 4 News reported from the scene as “Greedy” financial advisers try to cash-in on steel misery In a Channel 4 News report,…
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Two more financial advisers agree to stop pension transfer advice over British Steel

Following the news that Active Wealth (UK) had agreed to stop advised on Final Salary pension transfers over FCA concerns about British Steel…
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3 financial advice firms told to stop pension transfers over British Steel Pension Scheme business

Finance bosses take away permissions of 3 pension transfer companies as fears over dodgy BSPS transfers grow The Financial Conduct Authority – the…
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Urgent call for Pension Cold-Calling ban as people “avoidably conned out of their life savings”

Members of Parliament have called on the government to bring in the proposed cold-calling ban as urgently as possible, with the hopes of…
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4 Big SIPP Claims Myths Busted

If you’re looking at making a SIPP claim, you could be going through an emotional time and some of the SIPP claims myths…
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100+ pension complaints to the Ombudsman over British Steel Pensions: But was transferring out the right decision?

The number of complaints to the Pensions Ombudsman about the British Steel Pension Scheme has reached over 100. The scheme, which has over…
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Park First airport investment schemes shut down By regulator

Park First Glasgow & Gatwick Park First, the car-parking investment scheme arm of Group First, has agreed to cease operating and marketing it’s…
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MPs ask British Steel Pension transfer advisers to submit evidence for inquiry: Is your adviser involved?

Some financial advisers who advised their clients to transfer away from the British Steel Pensions Scheme have been asked to submit evidence to…
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PPF warns financial advisers not to use ‘fear’ tactics to transfer pension like British Steel: Was your advice suitable?

The Pension Protection Fund is concerned some financial advisers are using the British Steel Pension Scheme deficit as a way to lead pension…
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Got a SIPP? Are YOU one of the 50,000 people sitting on a MIS-SOLD PENSION CLAIM?

The ‘Father of SIPPs’ has spoken on just how many SIPP complaints could be coming If you transferred your pension(s) into a Self-Invested…
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Why cant some Financial Advisers advise you on your British Steel Pension?

The bosses at the Financial Conduct Authority have stopped Active Wealth (UK) Ltd from advising steel workers about their pensions The rules about…
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FCA reaches out to good advisers to shop-in the rogue mis-sellers – what you need to know

The Financial Conduct Authority has had enough of dodgy DB Pension Transfers FCA encourages whistle-blowing over pension mis-selling Seminars around British Steel Pension…
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