Sipps
Tax & Regulation | 30 Jun 16
UK IFA ordered to undo ‘inappropriate’ illiquid investments
A UK advisory firm must compensate a client it advised to give up a guaranteed cash sum and annuity rate to invest in illiquid storage units, the Financial Ombudsman Service (FOS) has ruled.
Commodities | 29 Jun 16
Sipp providers need to simplify charges, say experts
Providers of self-invested personal pension schemes (Sipps) need to simplify their charging structures to make it easier for financial advisers to compare products, experts in the industry have said.
Retirement | 23 Jun 16
Sipp provider European Pensions goes into administration
European Pensions Management (EPM), a UK-based self-invested personal pension (Sipp) provider with over 6,000 customers, has formally entered insolvency proceedings under the special administration regime.
L&C to fund new acquisition with management buyout
Qrops provider London & Colonial (L&C) is planning a management buyout of its business in order to help fund new acquisitions, the company has confirmed.
Qrops specialist Momentum launches free transfer UK Sipp
Malta-based pension specialist Momentum Pensions has launched a self-invested pension product (Sipp), giving the firm’s 5,000 expat clients the option to switch their Qrops, for free, into a Sipp, should they decide to move back to the UK.