Did you transfer a final salary pension? You may have lost nearly half your retirement fund.

With the advice that people received to transfer their final salary and other defined benefit pensions very much in the spotlight, a new study by Royal London has shown just how damaging a final salary transfer can be to some unsuspecting people. The research data showed that pension savers who were around 10 years away from…

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Elysian Fuels saga: Future Capital Partners Limited enters into liquidation

Future Capital Partners Limited, the firm that managed the liquidated bio-fuels investment Elysian Fuels, has itself entered into liquidation. The news of FCP entering liquidation, which began in early September 2018, follows months of industry speculation after it was revealed that it was facing closure as HMRC probed investors. Elysian Fuels was declared a tax…

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How do you know if you are due Timeshare compensation?

That’s the big question many people who were persuaded through cold-calls, glossy brochures and free holiday seminars are now asking; were they mis-sold their Timeshare and can they get Timeshare compensation? The answer is never that simple, as there are differences in the contracts signed, the companies involved. Not only that, but many of the…

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Insurance companies force advisers to pay more amid pension advice scandal

Financial advisers that want to continue to give people pension transfer advice over their final salary pensions or other types of Defined Benefit pensions may have to pay more to professional indemnity insurers due to a growing mis-selling scandal. After studying the advice of around 13 companies who gave advice about transferring final salary pensions, the…

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152 Financial Advice Firms Questioned over High Risk Investment Recommendations

The financial services watchdog – the FCA – has collared 152 financial advice firms over their involvement with high-risk investments. The recommendation of high-risk investments to people that aren’t suitable for them has become a huge problem for the industry, and tens of thousands of people are put at risk through SIPP pensions. Stemming the…

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