Five retirement stories you might have missed

clock

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Due diligence on self-invested personal pension (SIPP) transfers is a straightforward task that should not be incurring the wrath of the regulator, advisers say. Annuity provider MGM Advantage has announced 80 redundancies as a result of the significant pension changes announced in the Budget. The Financial Conduct Authority (FCA) has warned advisers to drastically improve standards on pension transfers to self-invested personal pensions (SIPPS), saying it expects more firms to face enforcement action due to the "serious and ongoing failings". Consumer group Which? has shelved plan...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

DB pension advice: Redress liabilities dip below 5% of transfer values

DB pension advice: Redress liabilities dip below 5% of transfer values

First Actuarial found ‘considerable drop’ in financial risk associated with DB redress

Holly Roach
clock 05 February 2025 • 2 min read
Steve Webb: HMRC tax code stance moving in right direction but still work to do

Steve Webb: HMRC tax code stance moving in right direction but still work to do

'HMRC has belatedly accepted that the status quo is unacceptable'

Steve Webb
clock 05 February 2025 • 4 min read
Andrew Goodwin: Politics and pensions - two traps for savers to avoid

Andrew Goodwin: Politics and pensions - two traps for savers to avoid

‘Financial saviour or die-hard meddler?’

Andrew Goodwin
clock 05 February 2025 • 4 min read