UK watchdogs wary P&O pension scheme will be British Steel 2.0
They are urging anyone who was made redundant to seek financial advice
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
They are urging anyone who was made redundant to seek financial advice
To investigate breaches of trust, misappropriation of funds and fraud by scheme trustees
It is a ‘significant step forward’ for the industry
After previously stating he was not guilty
Disengaged investors more susceptible to scams and remain in poor performing products
Life and pensions consolidator names CEO, as Aussie firm makes changes to wealth management arm
Regulator alleges 245 savers were persuaded to transfer their savings totalling £13.7m into 11 schemes
Company ‘clearly flouted the law when it should have known better’
Victims put off sorting out their finances for fear of being scammed again
Investors told to ‘reject all unexpected and unsolicited offers’
As two-thirds of Brits would trust someone offering financial advice out of the blue
Research shows a ‘worryingly large number of people’ could fall victim to common fraudster tactics