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‘Floodgates open for conmen’ – Scams target 1.8m in 3 months

Potential scammers have targeted 1.8m people aged over 50 in the last three months, according to a new report.
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State pension age rise fails to 'go far enough'

The Adam Smith Institute says the move to raise the state pension age to 68 earlier than planned fails to go far enough.
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New pension transfers qualification as FCA tightens rules

The Chartered Insurance Institute is preparing the launch of a new pension transfers qualification following FCA plans to tighten the advice requirements for the transfer of safeguarded benefits.
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FCA fines compliance officer over 500 DB transfers

The FCA has fined a compliance oversight officer for pension transfer failings after about 500 customers with pensions worth £12.7million were advised to move from a DB to DC scheme.
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3,600 pay outs for wrong 'risky' Sipp advice cost £105m

Nearly 3,600 consumers have been compensated for wrongly being advised to switch savings into ‘risky’ assets within SIPPs – at a cost of £105m.
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  1. AJ Bell recruits technical guru who 'locked horns' with CEO
  2. Sipp and SSAS firm duo earn promotions
  3. AJ Bell wants better pensions disclosure regime
  4. Pension freedoms may be causing new problems, warns FCA

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