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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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State Pension to rise by 3.1% from April

The Government has confirmed that the basic State Pension will rise by 3.1% from April to £141.85 with the full state Pension increasing to £185.15.

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FCA proposes default investment option for all pensions

The Financial Conduct Authority has proposed that firms offer a default investment option to non-workplace pension clients.

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STM hit by £400,000 revenue dip

STM Group, the international SIPP and financial services provider, has seen a £400,000 hit to revenue this year as SIPP business slowed, the firm reported in a trading update today.

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