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The SIPP and SSAS trade body Association of Member-Directed Pension Schemes (AMPS) said it has made progress with liaison with regulators and demonstrated that by having representatives from HMRC at its annual spring conference.

Almost 300 people fully encashed a pension of more than £250,000 after tax-free cash between October 2023 and March 2024, paying a minimum £98,700 each in tax in the process, according to new analysis of FCA figures by Standard Life.

The Financial Services Compensation Scheme has declared financial adviser AXG Advice Ltd (FRN: 450813) as failed.

Public trust in the pensions industry has dropped for the first time in five years, according to an annual survey.

Financial advisers are turning away from pension wrappers and instead utilising pension gifting, annuities and onshore bonds as they prepare for the upcoming changes to inheritance tax, according to a new report.

A new Mansion House Accord backed by 17 pension firms aims to help DC pension savers by using private markets to boost potential net returns, while strengthening investment in the UK.

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