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NAO report damns BSPS regulated market failings
The regulated financial market failed to protect the British Steel Pension Scheme members, according to a damning report from the National Audit Office (NAO) into the wave of bad advice given to BSPS members.
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FCA may permit 'side pocketing' of Russian assets in funds
The FCA is to consult on allowing fund managers to ring-fence or 'side pocket' sanctioned Russian investments so the funds could continue to trade.
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New Mattioli chair takes up role after delay
David Kiddie has taken up his new role as chairman of wealth manager and SIPP provider Mattioli Woods today after regulatory delays from the FCA in providing approval.
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2 in 3 pension transfers show scam signs
The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.
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Just 1 in 10 parents have sorted out estate planning
Only 13% of British parents have consulted a financial adviser about the best way to pass on their wealth.
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