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A SIPP adviser has been declared as failed by the Financial Services Compensation Scheme after being hit with 10 claims and a £2m FCA fine.

Former Interactive Investor chairman Gordon Wilson has been appointed the new chairman of adviser platform Nucleus to replace Mark Dearsley.

The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).

The Octopus-owned platform and white label provider Seccl has launched a new ‘low cost’ online-only SIPP which it says cuts out paper.

A fifth of pension scheme members are considering cutting or halting their contributions to help them meet the cost of living crisis, according to a new survey by the PLSA.

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