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James Hay is fighting an HMRC charge of nearly £2million in connection with a probe into a non-standard investment.

The Ombudsman has ruled against adviser firm Sesame in a case surrounding advice for a Sipp transfer.

Two trustees have been banned because of a pension scheme with £16m of mainly ‘exotic’ investments that “bore the hallmarks of a scam”.

A director of pensions and investments firm LV= was killed at the weekend after intruders shot him.

Some 85% of over 50s feel they retired too early, according to a survey of 50,000 of people in this age bracket.

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