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Canadian pension fund swoops on 7IM for £255m
Investment trust Caledonia Investments has sold its majority stake in investment manager, platform and SIPP provider 7IM for £255m.
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£242m Nucleus-Curtis Banks merger moves ahead
The £242m merger of platform Nucleus and SIPP and SSAS provider Curtis Banks has received regulatory approval after the conclusion of a review by the Competition and Markets Authority (CMA).
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Standard Life launches new pension annuity
Standard Life has re-entered the annuity market as annuity rates rise and demand for annuities surges.
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Pension SuperFund offer for STM Group is lowered
Investment vehicle Pension SuperFund Capital has lowered its offer for SIPP provider STM Group from 70p per share to 67p per share.
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Two pension transfer advisers face £1.3m in FCA fines
The Financial Conduct Authority plans to fine company directors Toni Fox £681,536 and David Price £632,594 over their roles in £392m of mostly "flawed" pensions transfers.
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