The Pension Ombudsman has recently made a surprising and potentially hugely significant judgement relating to pension transfers. The Customer in this case was a member of the Northumbria Police pension scheme, who transfer his Police pension to another provider, London Read more…

Back in April this year, the FSCS opened up potential claims for customers of pension provider, The Lifetime SIPP. This was a significant moment for all customers who have lost money in a SIPP- whereas previously the main focus for Read more…

The latest report from the Financial Conduct Authority (FCA) has included a number of new proposals that has created a huge amount of discussion in the industry. Their proposals for how the fund for last resort for customers, the Financial Read more…

A very old proverb states “the wheels of justice turn slowly, but grind exceedingly fine.” Anyone who has had extended dealings with the Court’s in this country would definitely agree that nothing happens in a hurry. SIPP provider Berkeley Burke Read more…

The Financial Services Compensation Scheme (FSCS) will likely soon be dealing with claims relating to the SIPP provider Lifetime SIPP, which is currently in administration. The Financial Ombudsman Service (FOS) currently has 40 cases with it in relation to Lifetime SIPP, however, Read more…

A major SIPP provider has recently entered administration, seemingly as a result of numerous cases against them currently being pursued. By entering administration, Lifetime SIPP shows that SIPP operators are far from immune to the current raft of claims around Read more…

  Storage Pods were advertised as a solid investment, with guaranteed returns for several years. They had a slick marketing campaign, headed by celebrities but now face investigation from the Serious Fraud Office, and one of the main companies at Read more…

The FSCS (Financial Services Compensation Scheme) deals with a huge amount of cases per year, but a number of these all come from the same firms. Some firms, regardless of their size, are clogging up the FSCS with hundreds of Read more…

The Financial Ombudsman Service (FOS) exists to resolve complaints between financial businesses and their customers. They oversee a huge range of financial matters, dealing with thousands of case a year. They are positioned as the ultimate authority regarding such matters, Read more…

SIPP providers face an interesting couple of months ahead as the courts will be weighing in regarding SIPPs mis-selling. Carey Pensions face a court case this month in relation to due-diligence possibly not been undertaken on the underlying investment for Read more…