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Sipps

Brooklands appoints administrator, Heritage takes over Sipps

Companies | 26 Jul 16

Brooklands appoints administrator, Heritage takes over Sipps

Brooklands Trustees, an FCA authorised Sipp provider, has gone into administration and sold its assets to Heritage Pensions, according to a note to clients from the new administrator Duff and Phelps.

Sipps top UK ombudsman’s list of complaints

Products | 26 Jul 16

Sipps top UK ombudsman’s list of complaints

Complaints about self-invested personal pension schemes (Sipps) had the highest success rate of any product looked at by the UK’s Financial Ombudsman Service (Fos) in the first quarter of this year.

Curtis Banks buys Sipp book out of administration

Companies | 15 Jul 16

Curtis Banks buys Sipp book out of administration

Curtis Banks Group has acquired the self-invested personal pension (Sipp) business of UK-based European Pensions Management (EPM) for an undisclosed sum.

AJ Bell relabels property funds in Sipps after suspensions

Property | 13 Jul 16

AJ Bell relabels property funds in Sipps after suspensions

Self-invested personal pension (Sipp) provider AJ Bell has confirmed that it has reclassified the commercial property funds, suspended in last week’s market turmoil, as non-standard assets under the Financial Conduct Authority’s (FCA) upcoming capital adequacy rules.

FSCS payments reach record high over risky Sipps investments

Tax & Regulation | 13 Jul 16

FSCS payments reach record high over risky Sipps investments

Payouts to UK consumers, aggrieved by poor life and pensions advice, have more than doubled due to an increase in high risk Sipp investment claims, new figures from the Financial Services Compensation Scheme (FSCS) show.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.