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The Serious Fraud Office (SFO) has won its first recovery order against David Ames, the convicted fraudster who cheated 8,000 victims through the £226m Harlequin SIPP-focused timeshare scheme.

Quarterly SIPP net sales in 2025 fell to their worst level since 2012, according to the latest Fundscape platform report.

The Society of Pension Professionals has called on the FCA to introduce guidance or caps on future growth assumptions, when it launches its new digital pension rules.

The aggregate surplus of DB pension schemes climbed to £265.6bn at the end of January, according to the latest Pension Protection Fund (PPF) 7800 Index.

Only 42% of people have a clear understanding of what their retirement options are, leaving them at risk of sleepwalking into bad decisions, new research has warned.

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