View more on these topics

Recommended

Justice-Fine-Ban-Court-Gavel-Judge-700x450.jpg
10

Pension scammers ordered to repay £13.7m to victims

The High Court has ruled four people who ran a series of scam pension schemes must pay back £13.7m they took from victims. David Austin, Susan Dalton, Alan Barratt and Julian Hanson tricked hundreds of people over a two-year period to part with their savings and then squandered the money. The Pensions Regulator asked the […]

Piggy-Bank-Savings-UK-700x450.jpg
1

AJ Bell survives complaint from former adviser over Sipp failures

A former adviser claiming that AJ Bell made a string of errors over his Sipp has lost his complaint at The Pensions Ombudsman. The nature of the allegations against the Sipp provider, which have been made over a number of years, led AJ Bell to take the “unprecedented decision” to ask the client to transfer […]

Money-Coins-Pound-Currency-Close-up-700x450.jpg
10

FOS rules against adviser over pension transfer to access DFM

The Financial Ombudsman Service has told an adviser to compensate a client who transferred their pension to access a discretionary fund manager when they did not need to. In the case, Mr J complains Curo Advisers told him to transfer to a new pension plan to access services from a DFM but then found out […]

BoE

All mortgage transactions on hold as BoE hit by technical problems

UK borrowers cannot access a mortgage right now as the Bank of England confirmed a key payments system has been hit by technical problems. The Bank says it identified a technical issue this morning related to some routine maintenance of the real time gross settlement system payment system and has paused settlement while it resolves […]

The curse of long-term cash

Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment