The proportion of Sipp related complaints which were upheld by the Financial Ombudsman Service in the first quarter this financial year was lower than the trend over the last two years.
Parmenion has reported that it has processed nearly 3,000 applications for its in-house Sipp in its first year.
The company said this represented over £200m of assets.
The company said this represented over £200m of assets.
The release of further clarification from the FCA on Sipp capital adequacy rules brings with it my return to the blogosphere. My initial reaction was not one of relief that some issues had been resolved.
A Sipp firm claims its new proposition shows it has risen to the challenge laid down by the FCA for operators in the sector to up their game.
The FCA has proposed changes to the new capital adequacy rules - including a relaxation of the frequency of calculating AUA - which it says will reduce firms’ compliance costs.
Hornbuckle and Prudential have joined forces to bring a new at-retirement proposition.
A property section and an application form wizard are two of the new tools a Sipp and SSAS firm has created as it aims to improve the service offered to advisers through its website.
Sipp and SSAS operator Rowanmoor has hired a senior sales consultant from rival provider Hargreaves Lansdown for the London region.
Dentons has reported a record breaking first quarter for new business, with transfers from other Sipp operators cited as a key factor.
Specialist Sipp administrator Curtis Banks Group plans to embark on an £85m flotation on the Alternative Investment Market.
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