Transfers on a direct execution-only basis from defined benefit schemes to self-invested personal pensions are not appropriate, Hazell Carr says.
The pensions and financial service firm says the outcome of direct offer or execution-only sales was bound to be a large number of inappropriate sales. And it warned a SIPP mis-selling scandal could...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.