Study shows consequences of pausing pensions

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In the cost-of-living crisis, many people across the country are forsaking saving for retirement to cope with their current financial issues. Among the tactics adopted by savers in recent months is to pause or reduce their pension contributions, and in some cases, end them entirely. However, the knock-on effects will be felt financially when they […]

Pension fraud scam worth millions foiled

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An elaborate scheme involving extensive pension fraud has been uncovered, and those behind the scam now face six-year jail sentences. The individuals behind the £20 million crime were convicted on money laundering charges and the conspiracy to defraud.

UK watchdog launches emergency asset restrictions

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The UK’s Financial Conduct Authority (FCA) is now using its powers to stop the companies that advised victims of the British Steel Pension Scheme (BSPS) from selling off their assets to mitigate paying compensation.