The rate at which pension savers were transferring out of their defined benefit pensions hit a new record low in April 2024, with only 14 members in every 1,000 transferring.

The Personal Finance Society’s Paraplanning panel has published a guide to support members in writing suitability reports.

SIPP operator Intelligent Money Ltd (FRN: 219473) has entered administration following an upheld complaint regarding some of the investments it allowed within its SIPPs.

The Society of Pension Professionals (SPP) has urged HMRC to exempt pension professionals from any new tax standards regime.

Fund manager Neil Woodford should forfeit his CBE, according to the Transparency Task Force and its Woodford Campaign Group.

Pension experts have criticised the Conservatives' pledge to raise the tax-free pension allowance via a ‘Triple Lock Plus’ if they win the general election.

The £39.8m acquisition of pension services and SIPP provider STM by Guernsey-based investment vehicle Pension SuperFund Capital has been extended for another month after the firms said it was taking longer than expected to receive regulatory approvals.

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.

A fraudster who targeted a pension company and banks has been jailed for three years for making £178,000-worth of fake applications to get pension facilities and loans.

FCA chairman Ashley Alder has confirmed that the FCA is working intensively on a new post-Brexit PRIIPs regime to improve retail asset management regulation.