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FCA asks SIPP firms for cash interest policies
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The FCA has written to investment platforms and selected SIPP providers to ask them to disclose how much of the interest they receive from cash and bank deposits they pass on to their customers.
Half of Planners expect Consumer Duty boost to SIPPs
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Close to two thirds (61%) of Financial Planners believe pension and retail investment products will see a boost from the FCA’s new Consumer Duty.
STM backs £41m takeover bid for firm
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SIPP and pensions provider STM Group has agreed in principle to a £41m takeover bid from Guernsey-based investment vehicle PSF Capital GP II Limited, better known as Pension SuperFund Capital.
Government to widen access to auto-enrolment
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The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.
Chancellor to promise 'evolutionary' pension reforms
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Chancellor Jeremy Hunt will today promise “evolutionary not revolutionary” pension reforms to unlock capital for high-growth businesses and boost outcomes for pension savers.