The Financial Services Compensation Scheme (FSCS) has declared SIPP and SSAS provider Hartley Pensions in default.
The Financial Services Compensation Scheme has said that it will pay the exit and administration charge (EAC) that the joint administrators propose to levy on Hartley Pensions Limited (HPL) customers, despite earlier saying that it could not.
The FCA has warned that scammers may be targeting victims of the collapsed SIPP and SSAS provider Hartley Pensions.
The FCA has taken the rare step of issuing a warning about communications from a troubled firm, SIPP and SSAS provider Hartley Pensions.
The news of Hartley Pensions appointment of administrators may not have come as a huge surprise given the recent restrictions imposed on them by the FCA but I believe it is of great significance for the world of SIPPs.
Troubled SIPP firm Hartley Pensions Limited went into administration today (29 July) after suffering a string of problems over the last few months.
The FCA has intervened at troubled SIPP provider Hartley Pensions Limited to stop the firm accepting new pension contributions.
The Financial Conduct Authority (FCA) has placed a restriction on Bristol-based SIPP provider Hartley Pensions preventing the firm from taking on any new business.
Rapidly expanding Bristol-based SIPP and SSAS pensions firm Hartley Pensions has bought failed SIPP firm Guinness Mahon Trust Corporation (GMTC).