STM bolsters UK pension arm with £3.3m acquisition
‘Sipp marketplace continues to see change and out of this comes opportunity to differentiate our proposition’
Sipps
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US fintech firm enters UK market with Sipp offering
As it partners with a British investment and retirement services provider
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FCA stops pension firm from accepting Sipp contributions
Company is looking for an acquirer
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Sipp sales surged as lockdowns were lifted
They have become the ‘most popular product among retail retirement savers’
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Advice firm under investigation over pension transfers
It failed to pay compensation as ordered by the Financial Ombudsman Service
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Unsuitable international Sipps top concern for pensions regulator
Overseas financial advisers increasingly targeting savers via social media
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7IM boosts retirement planning services with partnership
It wants to create flexibility for financial advisers and their clients
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Five ex-directors banned over unsuitable pension advice
They have also been fined over £1m in total
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Investors urged not to sit on covid ‘excess savings’
70% of people want to keep the extra cash they put aside in bank accounts
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Advice firm loses high court challenge against FOS decisions
It ‘failed in its primary duty to properly advise on the suitability’ of pension transfers, Ombudsman says
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How self-invested personal pensions are taxed
‘System is potentially set up for the administrative convenience of HMRC rather than the benefit of taxpayers’
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Another Sipp operator enters liquidation
After it was unable to pay redress following final decisions issued by the Financial Ombudsman Service