Fraud suspect changes plea in £13.7m pension transfer case
After previously stating he was not guilty
After previously stating he was not guilty
Regulator sought ‘innovative approach, using music to helping people avoid being scammed’
But advisory firm believes total is likely to be in ‘excess of £1bn’
It is likely to remain a ‘temporary measure’ as solicitors prefer in-person meetings
Covid is a prime example of an event that could trigger or reveal wrongdoing
Due to rise in complex claims which will require additional time, resource and skilled expertise to process
Defunct Czech firm which gave advice on pension transfers into the company’s Sipp also in the firing line
As 61% of retirees accessed their pots without financial advice
‘Some deliberate false information promulgated about UK pensions/investments in the EU over past year’
Product will offer ‘significant estate planning benefits five years faster’ than other IHT solutions
To attract global investors interested in the space
‘Investors will need to switch to a capital withdrawal strategy in retirement’