Expanding digital IFA firm Fintuity (FRN: 814106) has been hit by a clone attack by fraudsters.

Financial Planner and wealth manager Quilter has urged the DWP to take urgent action to resolve pension transfer issues a year after the department’s review of regulations.

The Financial Conduct Authority has warned clients of failed SIPP firm Hartley Pensions to be wary of scams or fraudsters as administrators of the collapsed provider begin to send out information about the transfer out process.

The Financial Ombudsman Service expects the number of complaints it will receive this year to hit 210,000 - nearly 30,000 higher than predicted in December.