A Sipp provider has confirmed it will offer all the new pension income options ahead of the reforms kicking in.
An investment platform services provider says it will be adding features to its Sipp wrapper to take advantage of the pension reforms starting in April.
Nearly six in ten complaints relating to Sipps made to the Financial Ombudsman Service between April and December last year were upheld.
A portfolio of 140 Sipp and SSAS schemes with total funds under trusteeship of £83m has been sold for just £1.
A former international cricket captain will manage Sipp investment portfolios as part of his new role at a Financial Planning firm.
Complaints and compensation claims about advice relating to Sipps will continue to rise, with an extra 500 cases predicted for the next financial year, the FSCS warned today.
Growing numbers of complaints about Sipps have been blamed for a jump in the levy advisers will have to pay next year.
A ruling from the Pensions Ombudsman regarding a Sipp could make it harder for providers to stop customers from transferring to possible scam schemes, an expert believes.
A senior figure at a Sipp provider fears that a failure to clarify the new capital adequacy rules could lead to worried firms going too far in an attempt to meet requirements and therefore end up increasing costs for clients.
The Association of Member-Directed Pension Schemes has failed with its attempt to bring a Judicial Review concerning the new capital adequacy rules, it has just been revealed.