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AMPS, which trade association which represents most UK SIPP providers, has written to the FSCS to question its statements on three SIPP providers recently declared in default by the scheme.

SIPP provider STM Group - which owns UK-based London & Colonial - is to move its HQ from Gibraltar to the UK following the arrest and release last year of its chief executive.
In April 2017 the Scottish Rate of Income Tax was introduced, which may have gone largely unnoticed by many Scottish taxpayers as the overall basic rate remained at 20% - albeit 10% going to HMRC and the other 10% to Revenue Scotland.
Workplace pensions and savings provider Punter Southall Aspire has acquired Oxford- based IFA firm Focus Oxford.
SIPP provider Momentum Pensions has hired Bernie Saker as business development manager for the Middle East & Asia.
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