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Curtis Banks PLC has announced today that it has acquired the Full SIPP business of Alliance Trust Savings which will result in the transfer of almost 6,000 Sipps worth approximately £2bn in assets under management.
Zurich has launched a new Pension Planning tool to allow people to calculate how much they are likely to receive as retirement income.
Martin Tilley, head of technical support at Dentons Pensions, has forecast that "a third to a quarter" of Sipp providers could quit the market in the next few years.
Hornbuckle Mitchell is calling on Sipp providers to be more transparent with their capital adequacy reserves as advisers focus on the financial stability of their chosen product providers.
Sipp provider Hornbuckle Mitchell has cut its Sipps set-up fees by 30 per cent to celebrate its 30th anniversary.
Sipp provider and Institute of Financial Planning sponsor Suffolk Life has reached £5bn in assets under administration this month.
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