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AJ Bell to pay up over bungled Sipp contribution

The Pensions Ombudsman has told AJ Bell to pay a client £500 for not processing the correct tax relief on a contribution into a self-invested personal pension. The complaint concerns Mr E who has a Sipp with AJ Bell where the funds are actively managed by a third party discretionary fund manager. On 21 March […]

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New British Steel scheme gets green light

The new British Steel pension scheme has met the minimum size and initial funding tests to be created, according to trustee chairman Allan Johnston. Up to 83,000 members will go into the scheme which is part of the restructuring deal struck between the trustees and sponsor Tata Steel UK in August 2017. Assessments undertaken by […]

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Lib Dems call for national campaign to fight ‘shocking’ pension scams

The Government must start a national information campaign to highlight the dangers of pension scammers according to MP Stephen Lloyd. The Liberal Democrat spokesman for works and pensions has issued the call on the back of research from Retirement Advantage which found around one in seven people over the age of 50 with a defined contribution […]

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