Sipps
Investment | 28 Mar 18
Allianz backed robo-adviser launches Sipp
Digital wealth manager Moneyfarm has launched a self invested personal pension (Sipp).
Best Practice | 28 Mar 18
AJ Bell to compensate Sipp client for ‘significant injustice’
The Pensions Ombudsman has ordered AJ Bell to compensate a client for lost interest and pay him £500 ($709, €570) for “significant non-financial injustice” after the investment platform failed to notify him the interest rate of his account would drop to 0%.
UK Sipp business drives strong STM results in ‘eventful’ year
The acquisition of UK Sipp provider London & Colonial has “borne fruit during 2017” and played a key part in STM adapting its expat product offering following the unexpected 25% Qrops charge that hit around 80% of the firm’s new business.
Sipp provider hit with £3m in compensation claims
Carey Pensions, a self-invested personal pension (Sipp) provider, is being taken to the UK High Court on claims potentially worth up to £3m (€3.39m, $4.15m) for working with unregulated introducers who sold “unusual investments”.
Sipp provider sued by 77 investors
A judge has granted a request from 77 self-invested person pension scheme (Sipps) investors to join forces under a group litigation order and sue Berkeley Burke Sipp Administration for mis-selling.