By Ruby Hinchliffe Sipp provider Heritage Pensions Limited has entered into liquidation following four claims upheld by the Financial Ombudsman Service requiring it to pay a total of up to £600,000 in compensation to clients. According to the Financial Conduct Authority, yesterday (March 17), Heritage sought professional insolvency advice following final decisions issued by the Fos. Therefore,...Read More

By Ruby Hinchliffe The Information Commissioner’s Office has issued an enforcement action notice to a Liverpool-based IFA which it said “failed” to provide data to two clients concerning their personal pensions. Both clients asked Smith, Law & Shepherds IFA for “a copy of all documents, of any kind, which relate to me and my pension”, under the Data...Read More

By Michael Klimes The Financial Services Compensation Scheme (FSCS) is still contacting London Capital and Finance (LCF) bondholders yet to receive compensation. In an update today (10 March) the lifeboat fund urges those who are expecting to hear from the lifeboat fund to check their spam folders. It asks them to add emails from FSCS to their ‘trusted’...Read More