Latest News

Most advisers want lifetime allowance axed

Nearly six out of 10 financial advisers want the pensions lifetime allowance abolished, according to a poll of 102 advisers by SIPP provider Momentum.

Over-50s rely on downsizing or lottery win to fund retirement

The retirement prospects of millions of over-50s rely on downsizing, an inheritance or a lottery win, according to new research.

Govt keeps auto-enrolment cap at 0.75%

The government has decided to put on the back burner any change to the auto-enrolment charge cap and will keep it at 0.75%.

Transfer values remain stable over October

Pension transfer value from the end of September to the end of October (as measured by the Xafinity Transfer Value Index) have remained relatively stable, fluctuating between £229,000 and £234,000, the company’s data shows.

SIPP CEO is released from arrest without charge

SIPP provider STM Group said today that its chief executive Alan Kentish has been released from arrest by the Royal Gibraltar police as of 13 November “without any charge.”

SIPP firm buys QROPS firm as shares suspended

Shares in SIPP provider STM Group were suspended from the AIM market today at 7.30 am as the group - whose chief executive was arrested in October - announced an acquisition.