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Platform and SIPP provider AJ Bell today reported pre-tax profits for the latest six-month period up 27% to £17.7m in its first results since floating in December.

SIPP and SSAS specialist EBS Pensions, part of the diverse Embark Group, has reported an 89% increase in client numbers and a pre-tax profit of £1.55m after making a loss the previous year.

Pension Drawdown users are at serious risk by failing to set up a Lasting Power of Attorney, according to a new study.

Action by The Pensions Regulator resulted in an employer prioritising members of a DB scheme over profits.

Pensions group XPS, owner of the Xafinity SIPP and SSAS business, has launched XPS Transfer Watch, a service to track pension transfers by value and activity.

Investec is to shut its direct to consumer Click & Invest online arm after operating losses topped £25m over the past two years in a move which will end the operation's SIPP ambitions too.

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