A Sipp and ISA firm, which went into administration this week, has been bought by Embark Group, the parent company of Hornbuckle, it was announced this morning.
Key figures from 25 businesses that deal with Sipps attended a meeting this week to agree on a plan to move to a new electronic reregistration system.
AXA Wealth’s specialist Sipp and investment platform grew funds under management by 13 per cent to £20.7bn in 2015.
Pensions and retirement income have moved above ISAs to the top of the Canada Life table for most in-demand products.
Dentons Pension Management and Transact have joined forces to launch a new Sipp and a “more joined-up proposition”.