Chase de Vere sells SIPP and SSAS business
Chase de Vere has sold its SIPP and SSAS business to Barnett Waddingham for an undisclosed figure.
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Chase de Vere has sold its SIPP and SSAS business to Barnett Waddingham for an undisclosed figure.
The Financial Ombudsmen Service (FOS) has upheld a complaint against SIPP provider Berkeley Burke for failing to meet FCA guidelines over a collapsed £29,000 unregulated collective investment scheme, the first time a provider has been held accountable in such circumstances.
An increasing number of pension savers are falling victim to risky investments, with complaints about SIPPs jumping by nearly half over the last year.
The FCA has issued a further warning over unsuitable SIPP advice after an investigation into the conduct of financial advisers found serious and ongoing failings.