Sipp market troubles to shake up wealth industry
Mattioli Woods managing director speaks to IA about pensions, M&A, and the future of the industry
Sipps
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US-compliant Sipp added to Momentum Pensions range
Americans with UK pensions have ‘been underserved over the years’
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Wealth manager bolsters pension offering with acquisition
The £4m deal is an ‘important step’ for the firm which wants to continue expanding in the sector
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STM Group eyes growth in UK Sipp market
More acquisitions on the agenda – specifically in Qrops and UK workplace master trust sectors
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Only 25% of people seek regulated advice for Sipps
A UK MP has branded the trend ‘worrying’, especially if investors don’t have a financial buffer
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Financial ombudsman reports surge in Sipp enquiries
Also increase in portfolio management cases and referrals between October and December 18
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Assets of beleaguered Liberty Sipp sold
Buyer will not take on potential liabilities linked to mass mis-selling claims
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STM Group to break into new market with acquisition
High-profile court case not a barrier to the deal
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Pension scam victims victorious against Sipp provider
Ruling opens the door for thousands who have lost money to claim back their losses, says law firm
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Financial Ombudsman reports 77% rise in Sipp cases
Nearly 60% of self-invested personal pension complaints upheld
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Phoenix Life admits error in closing Sipp
The UK’s Pensions Ombudsman has upheld a complaint against insurer Phoenix Life, but absolved financial product provider James Hay of any wrongdoing, after a self-invested personal pension (Sipp) was wrongly disinvested.
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UK Sipp market to grow by £1.9bn a year
The UK self-invested personal pension (Sipp) market is expected to grow by £1.9bn a year to 2020 despite rising customer complaints, according to the latest research by GlobalData.