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FOS upholds majority of SIPP complaints
The Financial Ombudsman Services has upheld the majority of SIPP complaints it received over the past year and warned that it continues to see a large number of SIPP complaints amid a rise in overall investment and pensions cases.
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Regulators unite to tackle climate change issues
Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.
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FCA opens door to Long Term Asset Funds
The FCA confirmed today that that it will go ahead with its plans for long-term investment funds aimed at sophisticated investors and pension funds, potentially opening them up later to some retail investors.
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9 in 10 HNW clients underestimate retirement funding
Over 9 in 10 (92%) high-net-worth consumers underestimate how much money they need for a comfortable retirement, according to new research.
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National Audit Office to probe regulation of BSPS transfers
The National Audit Office, the UK’s independent public spending watchdog, is to probe the FCA’s handling of the British Steel Pension Scheme restructuring which resulted in many steelworkers transferring their pensions into SIPPs.
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