Latest News

Annuities demand climbs back up following near record low

Demand for annuities appears to have climbed, with sale increases suggesting somewhat of a recovery since the slump in April, research has shown.

Sipp firm expert: Exit fee cap likely unless providers act quickly

The pensions industry must act swiftly and decisively itself on ‘excessive’ exit fees or it will be forced to do so by new legislation, a Sipp firm expert says.

Parmenion reports 45% profit rise in past year after Sipp launch

Parmenion has reported that its profits have risen by 45% to nearly £1.7m in the last year following the development of its in-house Sipp.

Advice firm to create own white labelled full Sipp

A Leicestershire-based firm of independent financial advisers is to create its own white labelled full Sipp.

Sipp firm warns FSCS bill could rise

The increased FSCS levy could mean total regulatory costs for Sipp operators in the sector could rise by an additional 75% this year when compared with 2014.

Losses due to pension fraud treble, police figures suggest

Losses due to pension scams more than tripled to nearly £5m in the month after the pension reforms took effect as liberation scams tripled, new figures suggest.