Financial News Roundup

1024 577 Peter Deane
financial roundup

The financial news this week is centred around the potential risk of savers being conned out of their retirement – get the latest and find out what we think with our news roundup! 

International Investment: Over 5 million savers at risk from pension scams across the UK

It seems every week there’s a story about the risk of a pensions scam. These risks are real, criminals are targeting the vulnerable (and if we’re not careful that could include all of us) and what is likely to be their largest single asset. Our advice is to be careful. Do some due diligence and never be afraid to ask for a second opinion.

Read the full article here.

Chief Investment Officer: UK’s FCA Proposes Ban on Contingent Pension Transfer Fees

The FCA considering the banning of contingent charging for Pension Transfers could be a step in the right direction but might not be as simple as it seems.

Read the full article here.

Hidden pension fund fees ‘could wipe out savings’, MPs warn

It’s great that there is a growing awareness of what the impact of costs on pensions, savings and investments.

Read the full article here.

LowerMyCharges

We publish financial news roundup at the end of every week, so watch this space. If you would like to find out more about LowerMyCharges or how to switch your adviser, please contact us directly.

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