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Pension transfer scam warnings often unclear

Almost half (44%) of amber pension transfer scam warning flag guidance sessions are being conducted without knowledge of why the flag was raised, according to the Money and Pensions Service (MAPS).

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Pension transfer volumes rise 64% since 2018

The number of annual pension transfers has risen by 64% since 2018, according to a new report.

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FCA proposes changes to pension transfer redress

The Financial Conduct Authority (FCA) is to change its methodology for calculating redress for non-compliant pension transfer advice.

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2 advice firms default after 88 pension transfer claims

The Financial Services Compensation Scheme has declared two advice firms in default with over 88 pension transfer claims between them.

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