Ombudsman
Tax & Regulation | 10 Jul 17
UK IFA under fire over Sipp transfer into Saint Lucia property
A UK-based advice firm which recommended a Sipp transfer, has been ordered to compensate the client after she went on to invest her entire pension pot in a high-risk property venture in Saint Lucia.
Ex-Spurs star Ramo Vega’s Swiss AM told to refund £60K fees
A wealth management firm founded by former Spurs footballer Ramon Vega has been ordered to refund nearly £60,000 ($68,330, €68,330) in fees by the UK’s financial ombudsman.
Retirement | 4 Jul 17
Standard Life wins case over pension transfer values
The UK’s Pensions Ombudsman has ruled in favour of trustees of the Standard Life Staff Pension Scheme, after a staff member claimed he had lost out on a proposed transfer.
Best Practice | 4 Jul 17
Ombudsman upholds Sipp complaint against Curtis Banks
Self-invested pension provider Curtis Banks has been criticised by the UK Pensions Ombudsman for negligence and maladministration.
Retirement | 29 Jun 17
Montfort told to pay back client for unsuitable Qrops advice
A UK IFA firm which specialises in advising Britons moving overseas has been ordered to compensate a client over “unsuitable” pension transfer advice.