Pension scheme operators are at risk from smarter scams

This article originally appeared here - https://www.fca.org.uk/news/news-stories/pension-scheme-operators-risk-smarter-scams Scammers are becoming increasingly sophisticated in developing products designed to defeat firms’ due diligence efforts. We want firms to be aware of the current threats and encourage them to review the effectiveness of their … Continued

Advising on pension transfers – our expectations

This article originally appeared here - https://www.fca.org.uk/news/news-stories/advising-pension-transfers-our-expectations We are aware that some firms have been advising on pension transfers or switches without considering the assets in which their client’s funds will be invested. We are concerned that consumers receiving this advice … Continued

Mis-Sold Pensions Scandal

The pensions mis-selling scandal of the late 1980s rumbles on. More than a million people are thought to have been incorrectly advised to take out personal plans when they would have been better off in a company scheme. Compensation has … Continued