Sipp provider Aviva’s adviser platform boosted assets under management by 11% in the first half of this year.
At first glance, how the Financial Conduct Authority (FCA) intends to improve retirement outcomes for non-advised consumers may appear of little relevance to advisers. And with no short supply of regulatory changes affecting their businesses’, many advisers might have concluded that the time spent reading CP18/17 was more a luxury than a necessity.
It is almost exactly one year since Revenue Scotland reversed its decision to levy Land and Buildings Transaction Tax (LBTT) on in-specie transfers between SIPP or SSAS providers. The reversal followed almost two years of industry debates, and indeed efforts to have the original decision overturned.
Glasgow-based SIPP firm @sipp has announced a two-fold increase in profits for the year ended 31 March.
STM Group, the cross-border financial services group which offers an International SIPP, is planning to expand its senior staff as the firm seeks to grow through acquisition.