SIPP and SSAS provider professional body the Association of Member-Directed Pension Schemes has expressed “strong opposition” to the DWPs consultation on the general levy for pension schemes.

It is now two years since new pension transfer regulations were brought in to help the fight against fraudsters. The new rules give pension scheme trustees the power to stop transfers if they think the member is at risk of being scammed.

Paul Maynard MP, 47, has been appointed Pensions Minister, taking the title of Parliamentary Under Secretary of State at the Department for Work and Pensions (DWP)

Three quarters (74%) of Wesleyan financial advisers have been caught in the middle of arguments between couples during retirement planning meetings.

The total levy to pay for the cost of the Financial Services Compensation Scheme is set to soar by £145m from £270m this year to £415m in 2024/25.

Alltrust has partnered with Platform One to launch a white-label investment and custody platform.