Grove Pension Solutions

News

News
IFA Newsletter February 2023

IFA Newsletter February 2023

Roundup of latest news for Introducing IFAs. Transfer Values, Seminars, Case Referrals – Small Transfer Values, Overseas Clients and our new website.

read more
FCA Clamping Down on Bad DB Pension Advice

FCA Clamping Down on Bad DB Pension Advice

Over the past few months there has been a lot of noise in the press about defined benefit pension transfer advice. The FCA are concerned that consumers are receiving bad advice from advisers when it comes to making decisions on transfers out of their defined benefit...

read more
MP’s pushed to launch pension scams inquiry

MP’s pushed to launch pension scams inquiry

There are increasing calls for the work and pensions select committee to launch an inquiry into pension scams. The introduction of Pension Freedom in 2015 has seen a huge increase in consumers falling victims of pension transfer scams, with many losing their entire...

read more
Defined Benefit Pension Transfer PI Cover Halts Advisers

Defined Benefit Pension Transfer PI Cover Halts Advisers

The Personal Finance Society say Financial Advisers are leaving the Defined Benefit Pension Transfer market in their droves due to the lack of affordable professional indemnity cover. The Underwriters for DB Pension Transfer PI cover have been spooked by the risk of...

read more
The Impact of Coronavirus on Pensions

The Impact of Coronavirus on Pensions

The impact of the Coronavirus on the pension industry has been widespread, ruthless and relentless; from the law makers, regulators, trustees, employers, pension funds to scheme members. As the country goes into self isolation and chaos ensues we try to make sense of...

read more
How will the Coronavirus affect my pension transfer value?

How will the Coronavirus affect my pension transfer value?

The coronavirus is causing mayhem with the world's stock markets, the FTSE 100 and Dow Jones suffered their biggest losses since the 2008 financial crisis. The impact of the coronavirus on the stock markets is having huge ramifications on pension transfer values. Most...

read more
Flybe employees risk losing their defined benefit pensions

Flybe employees risk losing their defined benefit pensions

Flybe went into administration on 5 March 2020, putting over 2,200 employees out of work. 1,350 are now at risk of losing their defined benefit pensions. Flybe closed their defined benefit pension scheme in 2017/18 and replaced it with a defined contribution pension...

read more
Loading...