Displaying items by tag: Sipp
FCA fines 3 over £6m ‘marketing fees’ for high-risk SIPP
Three financial advisers who pocketed almost £6m in ‘marketing fees’ relating to an SIPP which included inappropriate high-risk bonds, have been penalised almost £4m by the FCA and prohibited from any regulated activity.
9 in 10 SIPP millionaires are male
Nine in ten SIPP millionaires investing with Hargreaves Lansdown are men, according to new research from the firm.
Just Group launches new SIPP retirement solution with Invesco
Retirement specialist Just Group has arranged a new strategic partnership with asset manager Invesco to launched a retirement solution designed to sit within a SIPP.
Whitehall Group launches commercial property SIPP
SSAS specialist Whitehall Group has launched a new self-invested personal pension (SIPP) plan focusing on commercial property and standard assets which it said marks a return to the "original purpose of SIPPs."
1 in 2 self-employed people have no pension or SIPP
Two-fifths of self-employed people – 41% – are risking an uncertain retirement because they aren’t paying into a personal pension, according to new data from investment platform CMC Invest.
FCA warns SIPP firms on Consumer Duty
Ahead of the new Consumer Duty requirements, the FCA has warned SIPP operators to ensure standards of conduct are high amid concerns about problems in the sector.
Only 8% of consumers know what 'SIPP' means
Three quarters of consumers have no idea what pension acronyms such as SIPP or ESG mean, according to a new study.
SIPP providers must nudge savers to get guidance
SIPP providers will be required from June to “strongly nudge” pension savers to get government-funded pension guidance when they decide to access their pension savings, the FCA confirmed today.
SIPP consolidator buys SSAS firm
London-based SIPP and SSAS consolidator Wilton has signed a deal to acquire SSAS firm Bespoke in the latest move in a rapid acquisition drive.
SFO obtains order against Ponzi fraudster’s SIPP
The Serious Fraud Office has secured an increased confiscation order against former stockbroker and convicted Ponzi scheme fraudster Nicholas Levene.