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Bank of England doubles base rate to 0.5%

The Bank of England has today increased its base rate by 25 basis points from 0.25% to 0.5% - the first increase for 10 years.

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Parmenion axes initial fees on new SIPP business

Parmenion, the DFM and platform tech provider, has cut its initial fee and initial dealing charges to zero for all new business and top ups including SIPPs.
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SIPP firm backs chief exec after his arrest in Gibraltar

International SIPP provider STM Group has backed its chief executive Alan Kentish following his arrest in Gibraltar over allegations connected to a tax dispute and alleged failure to disclose the proceeds of crime.
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Momentum strengthens leadership with new senior hire

Pension specialist and SIPP provider Momentum Pensions has appointed Heather Smyth to the new role of group legal counsel.
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Standard Life seals 10 year deal on SSAS admin

SSAS provider Rowanmoor has been reappointed by Standard Life to provide administration for its small self-administered scheme (SSAS) portfolio for a 10-year term effective from 1 October.
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  1. Pension Freedom users fear running out of money
  2. SIPPs see 13% fall in new investment despite transfer boom
  3. Rowanmoor offers new ID service for SSASs
  4. Pensions Dashboard will go ahead says minister

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