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Advisers have been warned they face an extra FSCS levy next year as a result of rapidly growing claims related to Sipps.

An adviser is set to be banned and fined over 'unsuitable' advice related to switching pension funds via Sipps into unregulated investments.

In the six months after the launch of the new State Pension in April more than 1.5 million personal State Pension forecasts were issued, says the Department for Work and Pensions.

The FCA is mulling proposals to introduce two new regulatory returns to collect more data about the retirement income market from providers of retirement income products.

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.

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