Displaying items by tag: Sipp

International SIPP provider STM Group has predicted it will boost profits this year despite a number of setbacks.

PIMFA, which represents around 1,000 UK wealth managers and financial advisers, has called for an “urgent review” of the FSCS following yesterday’s announcement of an interim levy.

City Asset Management and Talbot and Muir have joined forces to co-brand a DFM SIPP for advisers and their clients.

Platform and SIPP firm AJ Bell has confirmed plans for a float on the London Stock Exchange next month with the company valued at up to £500m.

Major shareholders Invesco Perpetual and chief executive Andy Bell will have an opportunity to sell down their stakes in the business while broadening the firm’s shareholder base.

Invesco currently has a 44 per cent stake which it is expected to sell down to around 25 per cent.

Mr Bell holds 28 per cent of the business and is expected to retain around a quarter.

AJ Bell says the float would enhance its brand, extend its shareholder group, assist in recruitment and incentivisation and help with its growth strategy.

Police have ended their investigation into STM chief executive Alan Kentish, who was arrested in Gibraltar in October 2017, with no further action.

SIPP-provider St. James’s Place Wealth Management has welcomed another 41 qualified advisers to a new career in Financial Planning.

SIPPs firm Yorsipp is cutting the cost of in-specie property transfers.

Direct lending investment manager and platform Goji has revealed it will be offering a new low-cost SIPP.

The FCA has written to SIPP firms to reiterate regulatory commitments following the judgement in the Berkeley Burke case.

Discretionary fund manager (DFM) and Sipp provider Greyfriars Asset Management has slumped into administration.