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SIPP firm Heritage Pensions goes into liquidation

SIPP provider Heritage Pensions Limited has gone into liquidation this week after a string of upheld claims against the firm.

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Regulated market failed BSPS members says govt report

The regulated financial market failed to protect the British Steel Pension Scheme members, according to a damning report from the National Audit Office (NAO) into the wave of bad advice given to BSPS members.

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Nearly 500 pension transfers trigger anti-scam interviews

A total of 488 people have so far completed a Pensions Safeguarding Guidance anti-scam interview since the new FCA pension transfer rules were introduced at the end of November.

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2 in 3 pension transfers show scam signs

The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.

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