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Pensioner tells court Lumiere adviser misled her into investing £100,000

By: Pedro Goncalves | 21 Aug 2018

A pensioner in her 80s has told the court in Jersey how she found out something was wrong with the £100,000 she had trusted Lumiere Wealth with…

Expats in Portugal fear for their savings as forex trading firm collapses

By: Pedro Goncalves | 20 Aug 2018

Expat investor clients of Almancil-based PremierFX are panicking as they are unable to access their life savings due to the collapse of the firm. Set up in…

Aegon sells businesses in Czech Republic and Slovakia for €155m

By: Pedro Goncalves | 17 Aug 2018

Aegon has agreed to sell its businesses in Czech Republic and Slovakia for €155m to NN Group. The transaction is consistent with Aegon’s strategic objective to optimize…

Victims of pension scammers lost an average £91,000: UK regulators

By: Pedro Goncalves | 14 Aug 2018

Pension scam victims lost £91,000 each on average last year, according to new figures from the City watchdog and the pensions regulator. The Financial Conduct Authority (FCA)…

UK financial watchdog opening more cases than ever before

By: Pedro Goncalves | 13 Aug 2018

The FCA had more than 500 cases open at the start of April, which is nearly 100 more than the same time last year. According to its…

Sipps rise to top of platform wish list for advisers

By: Pedro Goncalves | 10 Aug 2018

Full self-invested personal pensions (Sipps) have risen to the top of financial advisers’ wish lists for the most desired products on investment platforms, as demand for annuities…

‘Wrong’ petition site means dashboard will not be debated in Parliament

By: Pedro Goncalves | 09 Aug 2018

The use of the wrong platform to launch a petition against scrapping the pensions dashboard mean that the issue will not be debated in Parliament, despite surpassing…

Pensions dashboard petition secures 125,000 signatures

By: Pedro Goncalves | 08 Aug 2018

A petition to save the Pensions Dashboard has has attracted more than 125,000 signatures, meaning that it must be considered for debate in parliament. The petition is…

No-deal Brexit could cut British expats’ pensions by 20%

By: Pedro Goncalves | 07 Aug 2018

British pensioners living abroad risk losing over 20% of their pension because of the fluctuations in the pound value as the no-deal Brexit scenario keeps pushing the…

New hope for pension scam victims after ombudsman ruling

By: Pedro Goncalves | 06 Aug 2018

A landmark ruling from The Pensions Ombudsman (TPO) that found not enough warnings and checks were made regarding a pension transfer could help past victims of pension…

Brexit puts pension agreements for retiring expats at risk

By: Pedro Goncalves | 31 Jul 2018

Possible changes to social security agreements post-Brexit could have an unforeseen impact on the retirement income of British citizens planning to move overseas to retire. Countries in…

Record £2.3bn taken from UK pensions between April and June

By: Pedro Goncalves | 31 Jul 2018

A record £2.3bn was withdrawn from pensions in the first quarter of the tax year, according to statistics from HMRC, the largest sum since pension freedoms was…

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