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Sipp provider AJ Bell has announced a 40% cut to management fees on its Managed Portfolio Service.

James Hay could be facing a tax penalty of £20 million over the biofuel investment Elysian Fuel.

The FCA has launched a probe into possible ‘harm’ to consumers in the non-workplace pensions market.

AMPS, which trade association which represents most UK SIPP providers, has written to the FSCS to question its statements on three SIPP providers recently declared in default by the scheme.

SIPP provider STM Group - which owns UK-based London & Colonial - is to move its HQ from Gibraltar to the UK following the arrest and release last year of its chief executive.

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