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3 advisers behind £5.9m SIPP transfer scam face fines
The Financial Conduct Authority has warned two IFAs and a stockbroker that they face fines and regulatory action over their alleged role in a £5.9m SIPP pension transfer scam.
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Quarter of 2021 retirees quitting jobs earlier than planned
Almost a quarter (24%) of those retiring this year are quitting work earlier than intended due to the impact of the Coronavirus pandemic, according to a new report.
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Failed SIPP duo banned after paying themselves £1.3m
A father and son duo behind a failed SIPP firm - which saw investors hand over nearly £92m - have been banned as directors after repaying themselves over £1.3m ahead of creditors.
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Pension transfer values hit new record
Pension transfer values briefly hit a new high in August as the FCA reviews potential redress for unsuitable transfer advice.
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Mattioli Woods chair to step down
Joanne Lake, chairman of wealth manager and SIPP provider Mattioli Woods, is to step down next month.
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