Collapsed Sipp firm drops judicial review appeal
Administrators to focus on the company’s creditors and safeguarding of funds
Administrators to focus on the company’s creditors and safeguarding of funds
Some schemes may be reluctant to accept a transfer
As 70% think advisers should ultimately be responsible for ensuring assets are suitable
It could not afford to defend redress claims made against it
Feature will be available via the investment manager’s Sipp
With a fixed percentage fee and no additional custody or dealing costs
Number of self-invested personal pension cases taken on by the FOS rose by 107%
Clients were left with no money after it made high-risk unregulated investments
Demand for pension transfers remains high among expats despite UK taxman’s constant tinkering
Drop off in Qrops and post-pension freedom legislation changes fuel demand
It did not exercise sufficient due diligence and clients will be eligible to claim compensation
Advisers recommended clients transfer pensions which ended up in high risk, illiquid investments