Latest News

Elaine Turtle: FCA DB scrutiny hits SIPP market

There has been a flurry of corporate results in the last few months from SIPP providers that have shown an increase in revenue due to the increase in SIPPs being set up due to the large number of DB transfers to SIPPs.

Published in Comment and Blogs

Tagged under

New Code of Practice to support victims of ‘financial abuse’

Financial services providers have pledged to provide more support to victims of financial abuse with the introduction of a voluntary Code of Practice.

Carey Pensions bought by rival as court case looms

Cross-border financial firm STM, the owner of London & Colonial, is to acquire the majority of rival SIPP firm Carey Pensions for £400,000 as Carey prepares to tackle a major SIPPs court case.

Punter Southall Aspire buys Chartered Financial Planner

Punter Southall Aspire, the savings and workplace pensions business, has acquired JDP Financial Services, a firm of independent Chartered Financial Planners based in Bedford, for an undisclosed sum.

Xafinity SIPP grows but warns sector is standing on a 'precipice'

Xafinity SIPP Services has reported strong annual growth with assets under administration hitting £2bn but warns that the SIPPs sector is standing on a “precipice.”