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Liberty SIPP is to be wound up and its assets merged with rival EBS Pensions, part of the Embark Group.

Baroness Ros Altmann is due to give a prestigious lecture on pensions at London’s University of Westminster.

Financial services providers have pledged to provide more support to victims of financial abuse with the introduction of a voluntary Code of Practice.

Cross-border financial firm STM, the owner of  London & Colonial, is to acquire the majority of rival SIPP firm Carey Pensions for £400,000 as Carey prepares to tackle a major SIPPs court case.

Punter Southall Aspire, the savings and workplace pensions business, has acquired JDP Financial Services, a firm of independent Chartered Financial Planners based in Bedford, for an undisclosed sum.

Xafinity SIPP Services has reported strong annual growth with assets under administration hitting £2bn but warns that the SIPPs sector is standing on a “precipice.”

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