Tag Archives: Pension Annual Allowance

IFA Fails To Advise Correctly – No advise to fix or protect lifetime allowance

compliance policies and procedures

A financial advice firm has been told to compensate a client who was not advised to protect his pension benefits before the lifetime allowance was reduced.  In early 2006 Ormiston (1956) Limited advised a client, referred to as Mr M, to transfer his existing pension pots into a self-invested personal pension and make contributions from […]