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Two banned by FCA over Sipps investment failings

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Two former directors have been banned by the FCA for failing to assess the suitability of investments made through Sipps for their customers.

Sipps related claims to blame as FSCS issues £20m interim levy

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Sipps related claims are behind a £20m interim levy on life and pensions intermediaries announced by the FSCS today.

Sipps firm unhappy over lifetime allowance cut

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A Sipps administrator has expressed disappointment that the lifetime allowance is to be cut from £1,250,000 to £1m.

Annuity sell on for cash plan gets Budget rubber stamp

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Chancellor George Osborne has confirmed in his Budget today that 5m people will get the freedom next year to sell on their annuities for cash.

Sipps firm warns over annuity re-sale plan dangers

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Dangers lie ahead for consumers under plans for the re-selling of existing annuity contracts, a Sipps firm has warned.

  1. Annuity re-sales could be in next week's Budget
  2. Liberty Sipp snaps up sales manager from Talbot and Muir
  3. MPs warn over pension protection for savers
  4. Citizens Advice say 500 locations for Pension Wise sessions to take place

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