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A Financial Planning firm director fears genuine entrepreneurial investors maybe put off from using flexible pensions such as SSAS, following signals of a scam crackdown.

A consultation looking at a new law to ban pension cold calls has been announced by the Government this afternoon.

A new law to ban pension cold calls must be prevented from having a “chink in the armour” by failing to include investments, an adviser heading the campaign says.

The Financial Conduct Authority wants the fund sector to explore the potential benefits of greater pooling of pension scheme assets in an effort to cut costs as part of its review of the asset management sector.

The Association of British Insurers has published a guide aimed at stopping the use of “perplexing” language around pensions in the wake of the pension freedoms.

The Financial Ombudsman has ruled against an advice firm over investing in an unregulated collective investment scheme.

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