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The FCA has appoointed Charles Randell, a former partner at law firm Slaughter & May, as its new chairman. He will take over from 1 April.

The rapid growth in the number of pension transfers will continue this year, according to the respected global actuary and consultancy firm Willis Towers Watson.

Moneyfacts Star Ratings for Self Invested Personal Pensions (SIPP) and Small Self Administered Schemes (SSSAS) markets have been released.

The Canada Life Group has completed its acquisition of rival provider Retirement Advantage, a provider of annuities, equity release and other retirement products.

We wish all readers a Merry Christmas and a very prosperous New Year in 2020 from the team at SIPPs Professional.

Pension investments rose by 66.3% year on year in the third quarter to hit £13.4bn fuelled by transfer business, particularly transfers to SIPPs, according to analysis from intermediary database provider Equifax Touchstone.

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