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FCA plans to ban 2 over £10m of SIPP investments
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The FCA has provisionally banned two financial advisers for “acting without integrity” in relation to SIPPs pensions advice involving £10m of investments.
AJ Bell customer numbers break through 500,000 mark
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Investment platform AJ Bell has reported a 47% increase in pre-tax profit £61.4m for its first half of 2024 which ended on 31 March (HY23: £41.9m).
Read more: AJ Bell customer numbers break through 500,000 mark
Abrdn cuts fees on Wrap platform
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Investment manager and Financial Planner Abrdn has introduced a more simplified charging structure on its Wrap platform, including cutting prices by up to 15bps.
Whitehall Group launches commercial property SIPP
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SSAS specialist Whitehall Group has launched a new self-invested personal pension (SIPP) plan focusing on commercial property and standard assets which it said marks a return to the "original purpose of SIPPs."
Read more: Whitehall Group launches commercial property SIPP
6 in 10 aim to fund retirement with property assets
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The number of Britons looking to release money from their property to fund their retirement has risen to 61%, according to a report from the Equity Release Council.
Read more: 6 in 10 aim to fund retirement with property assets