The Pensions Ombudsman has ruled against a complainant who argued part of his pension should be classified as defined contribution to protect it from Pension Protection Fund reductions.

The Pensions Ombudsman has rejected a complaint alleging that Alexander Forbes Financial Services (AFFS) misled the complainant into switching from a final salary to a defined contribution (DC) pension scheme.

The British Medical Association (BMA) has threatened to ballot doctors in May on taking industrial action if the government does not change its stance on NHS pension reform.

High net worth clients on the hunt for tax efficient savings vehicles following the Budget clampdown on maximum investment plans (MIPs) are likely to turn to enterprise investment schemes (EIS) and venture capital trusts (VCTs), the Prudential has predicted....

The Financial Services Authority's (FSA) proposed reforms to rules on self-invested personal pensions (SIPPs) do not go far enough to tackle malpractice, according to John Moret, director of MoreToSIPPs.

IFG Group, the firm which owns SIPP provider James Hay Partnership and IFA firm Saunderson House, has announced 2011 profits of £12.2m.

The Financial Services Authority (FSA) has removed the permissions of SIPP provider HD Administrators (HDA) with immediate effect after two directors were arrested.

SUPER IFAs

Who moved where in another busy week in financial services?

Comparison sites are failing to provide consumers with the best deal and should be strictly regulated, Which? has said.