SIPP and investment group Embark has rebranded the Zurich Investment and Retail Platform after completing the takeover of the business.

New research suggests that 1 in 10 over-55s (11%) have either accessed their pension early or plan to do so due to the Coronavirus outbreak.

The Pensions Regulator has warned savers looking to transfer their pension pot during the Covid-19 outbreak that the move is “unlikely” to be in their best long term interests.

International pensions group STM, which bought troubled SIPP firm Carey Pensions last year, is planning further acquisitions in the SIPP and pensions sector as its focuses on the UK.

Liberty SIPP Limited has entered administration, opening the door to FSCS compensation claims for hundreds of clients.