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New pension transfer scam warnings arrive

 

New red and amber warnings on risky pension transfers come into force today following a Department for Work and Pensions initiative.

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Trustees get new powers to halt suspicious transfers

 

The Pensions Regulator (TPR) has today published new guidance to help trustees halt suspicious transfers.

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Pension transfer costs jump 10% in one year

Record DB pension transfer values have pushed up average costs for transferees by 10% in one year.

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Trio face FCA fines over £5.9m SIPP transfer scam

 

The Financial Conduct Authority has warned two IFAs and a stockbroker that they face fines and regulatory action over their alleged role in a £5.9m SIPP pension transfer scam.

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