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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STAR to launch ‘gold’ standard for product transfers 

STAR, the cross-industry transfer initiative, is to roll out an accreditation scheme which will award bronze, silver or gold grades to providers based on their ability to transfer clients to other providers smoothly and quickly.

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