FSCS probes pension transfer firm with Portuguese links
- Friday, 01 July 2022
- Articles
The FSCS has joined forces with the FCA and Financial Ombudsman Service to investigate a Telford-based pension transfer adviser with links to a Portuguese expat specialist company.
Read more...Pension transfer values fall to lowest since 2016
- Monday, 27 June 2022
- Articles
Average pension transfer values in May fell to £217,000, the lowest level seen since June 2016, as the number of transfers raising one or more warning flags rose to 83%.
Read more...FSCS investigates firm over failure to pay FOS awards
- Friday, 24 June 2022
- Articles
The Financial Services Compensation scheme is investigating Wellington Court Financial Services Ltd over the transfer of client pensions into a SIPP.
Read more...Low risk pension transfers being caught under new rules
- Tuesday, 17 May 2022
- Articles
Amber flags are being raised on potentially low-risk pension transfers due to a ‘weakness’ relating to overseas investments in the new rules, according to a new report.
Read more...