The Financial Conduct Authority has warned that some firms could be involved in “malpractice” by making unsolicited offers to former British Steel Pension Scheme (BSPS) members who have not yet made complaints.

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The FSCS has declared pension transfer adviser Portal Financial Services LLP (FRN501272) as failed after the firm went into compulsory liquidation following a string of complaints.

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Financial Planning focused national IFA firm Continuum has reported turnover growth of 12% in 2022 with assets under influence rising 7% year-on-year to £1.6bn.

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The government has confirmed that, after its latest review, auto-enrolment thresholds will be held at their current levels for the next year.

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Longevity think tank Phoenix Insights has called on the government to expand employers’ legal requirements on workplace pension communications to help close the gender pension gap.

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Thursday, 26 January 2023
Articles

Fintech and support services firm Fintel reported a 4% rise in total revenue growth in 2022 despite what it termed “the challenging macroeconomic climate.”

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Wealth manager St James's Place said 2022 was its second-best year for new business, despite the tough economic backdrop and a drop in inflows.

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The Financial Conduct Authority has issued a warning about pre-paid probate plans, which are unregulated in the UK.

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A former analyst at asset manager Janus Henderson has been charged, along with four others, with conspiracy to commit insider dealing and money laundering from which they pocketed £1.5m.

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Newspaper reports suggesting that the state pension age could rise to 68 sooner than expected are an example of the Prime Minister “playing with political fire,” according to one pension expert.

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