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.
STM Group has launched a UK-based self-invested personal pension (Sipp), designed specifically for international clients with UK pensions, taking advantage of recent changes impacting the Qrops market.
STM Group, the cross border financial services provider, has completed its acquisition London & Colonial Holdings.
STM Group has entered into a conditional agreement to acquire UK Sipp provider London & Colonial and its subsidiaries for nearly £5.4m ($7.2m, €6.4m).
London & Colonial (L&C) has added Quilter Cheviot to the panel of approved discretionary fund managers (DFMs) for both its low cost Qrop and Sipp pension schemes.
London & Colonial has added Whitechurch Securities to its panel of approved discretionary fund managers for its low-cost Qrop product, the Multi-Platform International Open Pension.
Independent financial services group London & Colonial has launched a new flexible SIPP which gives savers greater choice of investments and more drawdown options.
Momentum Pensions Group has hired Paul Forman as head of sales for the UK.
As ever increasing numbers of people bid the UK farewell in search of a better life abroad, Adam Wrench, head of product & business development at London & Colonial, explores the advantages of a QROPS.
Platforms have fast become a staple of financial advice. The job now is to ensure clients are getting the best value from them, says London & Colonial’s Adam Wrench.
In the second of this two-part series London & Colonial’s Adam Wrench compares death benefits, HMRC reporting and adviser fees.
QNUPS are growing in popularity as retirement saving vehicles for UK resident individuals but how do these ‘young pretenders’ compare to a good, old offshore bond?
