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More than 150 complaints have been lodged with The Pensions Ombudsman relating to the British Steel Pension Scheme.

An ex-adviser who turned client and says he lost £30,000 due to a pension transfer delay has been successful in his complaint against Intrinsic Financial Planning.

SIPP provider and wealth manager Mattioli Woods has today reported interim revenue up 16.9% to £28.4m (H1.2017: £24.3m) in the six month period ended 30 November 2017. 

British Steel Pension Scheme trustees were urged to discuss “the importance of obtaining independent financial advice” with members, amid a major restructuring of the scheme, a report has revealed.

Sipp provider AJ Bell has announced a 40% cut to management fees on its Managed Portfolio Service.

James Hay could be facing a tax penalty of £20 million over the biofuel investment Elysian Fuel.

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