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Discretionary fund manager (DFM) and Sipp provider Greyfriars Asset Management has slumped into administration.

The Financial Services Compensation Scheme (FSCS) is currently paying out £531,000 to those affected by the continuing fallout of the British Steel debacle.

A new survey from Hargreaves Lansdown has revealed that investor confidence is at its lowest for 23 years.  

SIPP provider Curtis Banks has refreshed its SIPP due diligence guide for advisers.

The launch, by the FCA and The Pensions Regulator yesterday, of a joint regulatory strategy aimed at taking action to deliver better outcomes for pension consumers has been backed by the profession.

Four trustees of a master trust, who failed to promptly invest members’ savings for three years, affecting 9,081 members and contributions of £1.4 million, have been fined by The Pensions Regulator (TPR).

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