The Government has issued draft regulations to address concerns about scam risks for members of small self-administered schemes (SSAS).

The Financial Ombudsman Service has ordered pension specialist adviser Harbour Rock Capital to compensate a former client due to ‘unsuitable’ pension transfer advice.

The years of huge compensation payouts for pension transfer redress look to be easing after the latest Broadstone DB Redress Tracker revealed DB pension transfer compensation remained nil in the majority of cases in 2025.

Savers continue to face unnecessary delays when transferring their pensions, with the latest data revealing that some transfers are taking more than two months to complete.

Defined benefit pension transfer activity has fallen to its lowest rate since the XPS Group’s Transfer Activity Index was established in 2018.

Compensation for a typical pension transfer redress case continued to fall in the fourth quarter, with many claimants now receiving no compensation, according to a new report.