Xafinity SIPP and SSAS has rebranded as XPS Self Invested Pensions following the creation of XPS Pensions Group three years ago when Xafinity acquired the actuarial and administration divisions of Punter Southall.
Xafinity SIPP has launched a new mobile-friendly ‘SIPPCentre’ hub which it says will boost service to clients and financial advisers by adding more extensive features and document storage.
Xafinity SIPP/SSAS has reached the milestone of having 2,000 commercial properties under administration for our clients.
Xafinity SIPP and SSAS has cut fees on its SimplySIPP product and upgraded technology for advisers.
Xafinity SIPP and SSAS Services, part of the XPS Pensions Group, has reported an increased level of activity in commercial property transactions in 2018.
Xafinity SIPP Services has reported strong annual growth with assets under administration hitting £2bn but warns that the SIPPs sector is standing on a “precipice.”
A Sipp expert has questioned whether the FCA has the resources to police the new capital adequacy rules taking effect in September and what punishments firms failing to meet the requirements will face.
Xafinity Sipp & SSAS says it has recorded twice as many “second hand” property Sipps being transferred from other Sipp providers into their Sipp contract.
Xafinity has appointed Garry Crook to its Sipp and SSAS sales team as business development manager.