The Financial Conduct Authority has banned five directors of financial advice firms from working in financial services and fined them over £1m.
Over two thirds (72%) of financial advisers think providers do not give enough clear and consistent information about how to complete expressions of wishes.
The Financial Conduct Authority (FCA) has placed a restriction on Bristol-based SIPP provider Hartley Pensions preventing the firm from taking on any new business.
A third of Financial Planners have reported an increase in demand for pension consolidation advice over the past year, according to a new report.
The Financial Services Compensation Scheme (FSCS) has told clients of failed SIPP provider Forthplus Pensions to bring claims against their financial advisers.