Advice business declared in default
UK lifeboat scheme has received one claim against the company related to pension transfers
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
UK lifeboat scheme has received one claim against the company related to pension transfers
While 92% of cases raised at least one scam warning flag in February
After the firm entered compulsory liquidation in January 2023
Regulator also says it must not take on any new appointed representatives
93% of cases raised at least one scam warning flag in January
As it writes Dear CEO letter telling pension providers to comply with information requests
2022 also saw a large rise in transfers being flagged as showing potential signs of a scam
Quilter calls on the UK government to tackle this issue
After it reached a record low in October 2022
62 investors allege they received ‘unsuitable’ pension transfer advice
Victims had their funds placed into high-risk investments based in Mauritius
‘Cost-of-living crisis might be a route in for scammers’