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Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.

The latest data from the Financial Ombudsman Service suggests SIPP complaints will be 25% up year on year and could top 2,000.

Xafinity Punter Southall has hired Wayne Segers as head of Punter Southall Transaction Services (PSTS).

The removal of an amendment making pensions auto guidance compulsory under new legislation has been welcomed by a Sipp provider.

AMPS, which trade association which represents most UK SIPP providers, has written to the FSCS to question its statements on three SIPP providers recently declared in default by the scheme.

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