Industry
Retirement | 13 Feb 17
Sipp complaints to ombudsman over risk suitability down 12%
Complaints about self-invested personal pension scheme (Sipps) investments not matching client risk appetites declined by a third over the past two years, according to new figures obtained by UK IFA firm Salisbury House Wealth.
Firms lining up to buy Old Mutual’s US asset management stake
Old Mutual is in talks to sell a stake in its US asset management unit following approaches from China’s HNA group.
Retirement | 13 Feb 17
Triple lock ‘should be reviewed’ after pensioner income rise
The UK pensions triple lock should be reviewed after a report found that typical pensioner incomes now outstrip the earnings of working age households, says Old Mutual Wealth pensions expert Jon Greer.
SJP slammed over ‘commission-style’ rewards for advisers
St James’s Place, one of Britain’s biggest wealth managers, has come under fire for paying its advisers using an ‘air miles’ type system which rewards them with trips and jewellery for bringing in high levels of client investment.
Alexander Beard launches euro Sipp for British expats in France
International IFA firm Alexander Beard has unveiled a euro-denominated self-invested personal pension (Sipp) aimed at British expats living in France.