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Liberty SIPP declared in default
Liberty SIPP has been declared in default, after being placed into administration on 27 April 2020.
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US private equity firm snaps up AFH for £224m
US private equity firm Flexpoint Ford LLC has agreed a £224.5m cash takeover of Financial Planning group AFH.
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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.
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SIPP failures to push FSCS levy over £1bn
The FSCS warned today that its levy for the coming year will soar by a third to over £1bn with SIPPs and “complex” pensions cases behind a big chunk of the rise.
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Half of Gabriel users shift to new FCA data system
The FCA has revealed that 50% of authorised firms previously using the Gabriel data reporting system have moved across to the regulator’s new RegData data collection system.
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