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Investors lose £30m in care homes UCIS
The FCA has launched High Court proceedings against a company and two individuals over alleged links to care home investments which saw investors lose more than £30m in a UCIS.
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Younger SIPP clients demanding tech investment
Younger clients are demanding technological improvements from SIPP providers according to new research.
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2 SIPP providers among 45 firms in default
The Financial Services Compensation Scheme has declared 45 firms in default between May and October including two signifcant SIPP providers and dozens of financial advice firms.
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FOS reports surge in SIPP complaints
The Financial Ombudsman Service has reported a sharp rise in SIPP complaints with 821 new complaints about SIPPs between July and September compared to 636 in the previous quarter.
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STM boosts takeover war chest with £5m loan
STM Group, the financial services and SIPP provider, has added £5m to its takeover war chest to fund further acquisitions.
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