Latest Blogs
Popular News
-
Hargreaves Lansdown hits landmark 2m clients
Investment platform and SIPP provider Hargreaves Lansdown has notched up its milestone 2 millionth client and has also seen record assets under management, according to its 2025 Annual Report.
-
Failed SIPP firm clients updated ahead of legal judgment
Clients of failed SIPP provider Hartley Pensions Limited - who have had funds ring-fenced - have been given an update from joint administrators UHY Hacker Young ahead of a legal judgment expected in late October.
-
JPMorgan to replace Nutmeg with new investment platform
JPMorgan is to launch a retail wealth management and investment business with its own DIY investment platform next month.
-
5 year gap between dream retirement age and expectation
While people dream about retiring at 62 they do not expect to be able to retire until they hit 67, according to new research.
-
Sales of escalating annuities surge
Sales of escalating Guaranteed Income for Life annuities that have some inflation protection, accounted for a fifth of all sales in 2024/25 and have increased by 17% year-on-year.
Sipp provider expands property legal panel
The Sipp provider and administrator firm has named DWF, Curle Stewart and Bond Dickinson for Scotland, and Tughans and Wilson Nesbitt Solicitors for Northern Ireland.
Dominic Savage, Suffolk Life's property director said: "The feedback from advisers and investors in response to our initial panel for England and Wales exceeded our expectations. It made sense to expand the panel with appropriate legal expertise and experience into Scotland and Northern Ireland."
{desktop}{/desktop}{mobile}{/mobile}
The expansion means that investors with Suffolk Life Sipps can access fixed price property acquisition in Scotland and Northern Ireland, moving away from less-predictable time-costed fees.
All panel solicitors have committed to a menu of fees for the services they offer and have agreed with Suffolk Life to provide the services in a bespoke manner with the aim of benefiting both the end investor and their adviser.
Greg Kingston, head of marketing and proposition, said: "We recently launched new, lower fees for investors who want to transfer properties from other Sipp providers. Advisers have reacted very well to this, as it helps their clients overcome some of the more penal exit costs at some Sipp providers, and now this offer naturally extends to properties in Scotland and Northern Ireland too."
Suffolk Life owns in excess of 3,200 commercial properties on behalf of over 5,000 investors.