FSCS opens probe into Dorset firms over BSPS advice

The Financial Services Compensation Scheme has launched an investigation into a duo of connected Dorset financial adviser firms following advice given to members of the British Steel Pension Scheme.

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Number of DB transfers falls to lowest level in 6 years

Pension transfer activity fell to its lowest level in over six years in February, according to the latest data from pensions consultancy XPS.

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Manchester-based pension transfer adviser fails

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

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DB transfer values slip as gilt yields dip

XPS’s Transfer Value Index fell 3.9% in January to £158,000, following two consecutive rises.

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