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News: Industry News

May 29, 2024

Intelligent Money enters Administration following complaints

Intelligent Money has gone into Administration following concerns about its financial liabilities in the wake of customer complaints. The SIPP […]

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May 21, 2024

Court of Appeal unanimously dismisses Options judicial review

The Court of Appeal issued its decision yesterday (May 20) to dismiss Options UK Personal Pensions’ judicial review appeal. Options […]

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May 7, 2024

Seven firms failed with the FSCS in April

The Financial Services Compensation Scheme (FSCS) declared seven firms in default (failed) in April. It also placed Kathryn Brown and […]

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April 25, 2024

Quilter confirms skilled person review of its ongoing advice service

Quilter has confirmed  a “skilled person” review of its ongoing advice service, following discussions with the FCA. The firm made […]

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April 17, 2024

Nearly £2 billion in retirement savings lost since 2019 according to FSCS

Data reveals the impact of pension losses for customers of failed firms as FSCS kicks of awareness campaign  Newly released […]

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April 12, 2024

FSCS investigating two firms connected to British Steel Pension claims

The Financial Services Compensation Scheme (FSCS) has placed two firms – KBFS Financial Ltd and Kathryn Brown – under investigation. […]

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March 25, 2024

FCA review finds 231 firms charged clients for ongoing advice they didn’t deliver

The FCA has published details of a thematic review it carried out on retirement income advice. The results of which […]

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March 11, 2024

FCA fines Inspirational Financial Management for ‘poorly advised’ DB pension transfers

The Financial Conduct Authority (FCA) has fined Inspirational Financial Management Ltd £897,840, claiming it ‘poorly advised’ people to transfer out […]

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