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IFG Group, the owners of SIPP company James Hay Partnership, has announced a £400,000 loss in the last year, compared to profits of £6.4m for 2016.

Growing SIPP provider Momentum Pensions has appointed a new UK managing director as it continues its UK expansion.

The recent decision by Revenue Scotland regarding Land and Buildings Transaction Tax in Scotland (LBTT) and its application to in-specie transfers between SIPP or SSAS providers brought to a close a period of almost two years of involvement for Morton Fraser in the debate surrounding the issue in Scotland, writes Fergus McDiarmid of Morton Fraser.

Sipp experts have warned that a provider’s legal triumph in its battle with HMRC over in specie contributions is “not the end of the story”.

A Sipp provider has won its legal battle with HMRC over in-specie contributions.

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