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FOS says fraud and scam complaints at record level
The Financial Ombudsman Service has reported a record 8,734 fraud and scam cases in just a three-month period this year, the highest ever quarterly level.
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£250,000 estimated cost to replace a State Pension
New calculations from pension provider Aegon reveal that it would cost £250,000 to buy a lifetime guaranteed income to match the current state pension payout.
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£432m acquisition of SIPPs firm to complete this week
The £432m private equity takeover of SIPPs and Financial Planning firm Mattioli Woods is set to complete this week after achieving High Court approval.
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SSAS provider WBR Group appoints Leicester lawyer
SSAS provider and tax adviser WBR Group has appointed corporate lawyer Roy Botterill as director of law.
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Fewer professional reps submitting pension claims
The percentage of professional complaints about pensions and annuities to the Financial Ombudsman Service - including from claims management companies - showed a surprise fall in the latest quarterly period, in marked contrast to a surge in professional complaints overall.
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