Two former directors have been banned by the FCA for failing to assess the suitability of investments made through Sipps for their customers.
Sipps related claims are behind a £20m interim levy on life and pensions intermediaries announced by the FSCS today.
Dangers lie ahead for consumers under plans for the re-selling of existing annuity contracts, a Sipps firm has warned.
The final Budget of this Parliament may feature plans which could lead to a new market in second-hand annuities.
Liberty Sipp has snapped up a sales manager from Talbot and Muir.