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Sipps and SSAS complaints most upheld by FOS
The number of complaints received by the Financial Ombudsman Service climbed by more than 40% in the last three months of 2024.
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FCA axes Consumer Duty Champions rule
The FCA confirmed this week that its requirement for regulated firms to have ‘Consumer Duty Champions’ has been axed.
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Gen Z needs more help with pensions: PPI
The Pensions Policy Institute (PPI) has warned policymakers and the pensions industry to adapt to help gen Z’s retirement prospects which will be hit by their ‘unique’ financial pressures.
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Aviva has record £7.8bn annuity sales
Retirement sales at Aviva jumped by a third last year to £9.4bn, up from £7.1bn in 2023, the company said in its annual results published today.
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Pension transfer times fall despite volumes rising
Simple defined contribution pension transfers took an average of 10.5 days to complete last year, according to new data.
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