The FCA has fined a compliance oversight officer for pension transfer failings after about 500 customers with pensions worth £12.7million were advised to move from a DB to DC scheme.

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The Chartered Insurance Institute is preparing the launch of a new pension transfers qualification following FCA plans to tighten the advice requirements for the transfer of safeguarded benefits.

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The freedom to withdraw pension funds from 55 needs to be accompanied by flashing warning lights, a pensions firm director says, after the cut to the Money Purchase Annual Allowance was sealed.

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Platform and Sipp provider AJ Bell has appointed as its new technical director a man who has previously “locked horns” with chief executive Andy Bell over technical issues.

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Broadway Financial Planning’s MD Keri Carter has been handed a leading role in shaping the CISI’s Financial Planning strategy.

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The CISI has revealed that its head of Financial Planning, Campbell Edgar, is to retire soon.

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The winners of the first CISI Global Education Trust Awards have been flown to London for a week’s work experience.

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Nearly 3,600 consumers have been compensated for wrongly being advised to switch savings into ‘risky’ assets within SIPPs – at a cost of £105m.

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A landmark Supreme Court ruling on pensions for same-sex partnerships could have wider implications, with consequences running into hundreds of millions of pounds, Ros Altmann believes.

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A mother has been jailed after Scottish Widows tipped off fraud police over a £140,000 fake death claim.

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