900.000 British ex-pats could be frozen out of triple lock pension

900.000 British ex-pats could be frozen out of triple lock pension

For years more than half a million recipients of a UK state pension living abroad have been frozen out of receiving the triple lock benefits enjoyed by pensioners still resident in Britain. But after Britain leaves the EU at the end of March another 900,000 could find themselves out in the cold when the treaties …

FCA probes SIPPs

FCA probes SIPPs

The Financial Conduct Authority (FCA) has started a probe into the advice given to savers with self-invested personal pensions (SIPPs) following high profile court cases against providers Berkeley Burke and Carey Pensions. In a letter the regulator has asked them for information about their business activities and their expectation of the way the providers handle …

SIPPS – The new PPI?

News-Churchill Sloan-CS-[SIPPS – The new PPI]-[19-July-2018]

Fears are being raised that up to £10 million worth of badly performing SIPPS (Self Invested Personal Pensions) have been mis-sold to thousands of British savers by unscrupulous financial advisors. Now Labour MP Frank Field is calling for an investigation into the way SIPPS are sold and asking the Financial Conduct Authority (FCA) to make …