A complaint about a pension firm's failings, which began when a transfer to a Sipp was made, has been upheld by the Pensions Ombudsman.
Change is afoot in AXA Wealth's Sipp department with its section head leaving the firm and a new product launching.
A tax problem means Standard Life Sipp investors in the suspended ARM life settlement fund face an even greater wait for their Catalyst compensation to be handed over.
There has been a significant rise in clients wanting to use a Sipp or SSAS to help fund the purchase of a new commercial property, a law firm has reported.
Pension schemes should not rest easy from Scots voting no to independence, a Sipps firm warned this morning, as experts signalled they still see significant change on the horizon.
In November last year, the FCA asked Sipp operators to complete a (long) questionnaire to help them with their third thematic review. Among the 40 or so data items requested was the amount of Assets Under Administration (AUA).
The financial ombudsman has rejected a complaint from an investor over HSBC's £9,000 commission for setting up his Sipp.
The government has advanced its pension thinking this month with the enactment of The Finance Act 2014, guidance on allowing new retirees access to next year's pension freedoms and its response to the consultation on those freedoms.
A Sipp operator has been told to compensate an investor after the Financial Ombudsman Service ruled it had failed to ensure that an investment was suitable.
Assets under management have shot through the £1bn barrier at Parmenion, with the company also announcing positive feedback on its new Sipp.