An adviser is set to be banned and fined over 'unsuitable' advice related to switching pension funds via Sipps into unregulated investments.
Sipp property investors are being penalised by a rule change made by the the Scottish Government, a Sipps firm says.
In six months’ time, April 2017, all Sipp providers will need to have changed their illustration systems so that they show the margin they retain on cash holdings, writes Elaine Turtle, director of DP Pensions.
A Sipps firm has announced it is moving to a model with two managing directors.
Retirees are spending more of their cash on gambling than working people, a report says.