FSA

The Pensions Regulator has revealed more details about two trustees it removed last year for investing £2m of scheme assets in an unregulated Belize-based investment vehicle.

Stephen Hunt, founder of retirement specialist Rockingham Independent, owes the company almost £100,000, according to a report by liquidator Probitas.

The Financial Services Authority has removed the permissions of SIPP provider HD Administrators with immediate effect after two directors were arrested.

The Economic and Monetary Affairs Committee of the European Parliament has voted in favour of the Omnibus II directive - providing insurers with extra time to comply with Solvency II.

Jenna Towler investigates the opaque world of pension liberation and loans.

Schemes and members warned about rising fraud

The Financial Services Authority has proposed changes to the way pension transfer values are calculated.

Scheme members conned by pension loan operators have been left suicidal after finding out the deals are invalid and they face massive tax charges.

Police have arrested three men on suspicion of fraud and money laundering after The Pensions Regulator received complaints about pension transfers last year.

The Pensions Management Institute has been granted accredited body status by the Financial Services Authority.