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British steel pension transfer IFA ducks out of MPs' hearing

The director of Active Wealth, Darren Reynolds, and managing director of introducer Celtic Wealth Management, Clive Howells, have failed to attend the Work and Pensions Select Committee evidence session on the British Steel Pension Scheme.

SJP stops advising on British Steel pension transfers

Advice giant St James's Place has ceased new pension transfer business from British Steel Pension Scheme (BSPS) members.

British Steel: FCA reveals names of firms to cease pension transfers

The regulator discloses the names of two more advice firms which have agreed to stop pension transfers.

Regulators to meet steelworkers as DB transfer advice fears mount

The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) will hold a public meeting for steelworkers in Port Talbot on Thursday afternoon.

Steelworkers face 5% charge to move funds post-DB transfer

Some members of the British Steel Pension Scheme who were advised to transfer out of their final salary pension are now facing a 5% charge if they want to change the fund they have been invested in.

FCA panel chair apologises to fund managers over interview comments

Chris Sier, the chairman of the Financial Conduct Authority’s (FCA) institutional disclosure working group (IDWG), has apologised to the Investment Association (IA) for a perceived slur on the trade body in a newspaper interview.

Oops! MPs say sorry to AJ Bell for guidance gaffe

The work and pensions select committee has apologised after accidentally misrepresenting AJ Bell as a supporter of default pension guidance.

Three firms cease transfer advice as FCA reveals British Steel actions

Three advice firms have stopped carrying out defined benefit transfer advice following intervention from the Financial Conduct Authority.

Ucis fraudster's sentence increased for failing to pay confiscation order

Ross Peters, convicted of running an unauthorised investment scheme in 2015, has been sentenced to an additional 400 days in jail for failing to comply with a confiscation order in the sum of £136,238.

Planner pay report 2017: who is earning what in advice

A New Model Adviser® survey has taken a look at adviser remuneration across metrics such as job function, experience, type of firm and gender.

Video pick
1 Comment Play Mark Barnett exclusive part 2: why I'm not buying Lloyds

Mark Barnett exclusive part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Mark Barnett goes back to basics after 'frustrating' run

Mark Barnett goes back to basics after 'frustrating' run

Invesco Perpetual Income and High Income manager says he has re-examined some of his major holdings after heavy share price falls.

NMA Profile
Adviser Profile: Warren Shute of Lexington Wealth Management

Adviser Profile: Warren Shute of Lexington Wealth Management

Warren Shute is committed to providing clients with a financial education at Lexington Wealth Management. The author, master’s student and master practitioner in neurolinguistics is also on a mission to be the best he can be