By The Enforcd Team

Pension Transfer Update

The 2015 accounts for Glasgow based Intelligent Pensions Limited were jubilant:

By The Enforcd Team

The Brooklands SIPP Scheme

Brooklands Trustees Limited languishes on the Financial Services Compensation Scheme (FSCS) complex cases page. It was established in 2006, and operated subsidiaries in the UK, New Zealand, Dubai, Australia and Gibraltar. According to its insolvency practitioners, it acted as trustee to over 6,000 individual pension schemes worldwide. Because it operated self-invested pension plans, it was …

By The Enforcd Team

Why Firms Need to Take Care When Advising on Pension Transfers

SIPPA cryptic Requirement on the Permission section of the FCA register record for Intelligent Pensions Ltd regarding pension transfers states: “immediately cease to provide advice in relation to the transfer, or conversion, of safeguarded benefits under a pension scheme to flexible benefits”.