Companies
Troubled Sipp provider sees revenue soar by 35%
Liberty Sipp, which is currently facing multiple claims of mis-selling unregulated investments, has seen its assets under management surge to £2.95bn ($3.9bn, €3.3bn), according to its latest annual report.
Old Mutual and Friends Provident hit back after court threat
Threats of legal action against Old Mutual International for allegedly mis-selling high-risk investments are not coming from a law firm but a “claims farmer trying to generate publicity”, a spokesperson for the insurer told International Adviser.
High-risk pension quartet banned for 21 years
Four trustee directors behind a high-risk UK pension scheme have been banned following an Insolvency Service probe.
UK Sipp market to grow by £1.9bn a year
The UK self-invested personal pension (Sipp) market is expected to grow by £1.9bn a year to 2020 despite rising customer complaints, according to the latest research by GlobalData.
PEOPLE MOVES: StanChart, Columbia Threadneedle, Carrick Wealth
Standard Chartered names Singapore chief, Columbia Threadneedle veteran retires and Carrick Wealth promotes managing directors to head Africa business.