XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.
Wealth manager Charles Stanley has expanded its distribution team with a new hire from Scottish Widows.
New research from Willis Owen has revealed that eight of the worst-performing UK ‘dog’ funds of 2018 experienced a “significant” rebound of up to 19% this year.
The cost of reversing the increase in state pension ages could top £200bn, SIPP and platform provider AJ Bell has warned as the result of a High Court case is awaited.
The chief executive of Hargreaves Lansdown has apologised to clients hit by the suspension of the Woodford Equity Income Fund.
The FCA is to host a series of events for British Steel Pension Scheme Members (BSPS).