There was an interesting report from CoreData Research issued recently that showed full self invested pension schemes (SIPPs) have risen to the top of the wish list for advisers on platforms.
SSAS veteran EBS Pensions has reported an 18% increase in client numbers to 16,600 and a significant increase in profitability in 2017 under new owners the Embark Group.
Sipp provider Aviva’s adviser platform boosted assets under management by 11% in the first half of this year.
At first glance, how the Financial Conduct Authority (FCA) intends to improve retirement outcomes for non-advised consumers may appear of little relevance to advisers. And with no short supply of regulatory changes affecting their businesses’, many advisers might have concluded that the time spent reading CP18/17 was more a luxury than a necessity.
Glasgow-based SIPP firm @sipp has announced a two-fold increase in profits for the year ended 31 March.
STM Group, the cross-border financial services group which offers an International SIPP, is planning to expand its senior staff as the firm seeks to grow through acquisition.
You could be forgiven for thinking that it was Groundhog Day again.
Robo adviser Investec Click & Invest is planning to launch a SIPP by the end of the year, the company’s chief executive has revealed.
A skilled persons review has called for a raft of compliance and governance improvements at international SIPP and cross border financial services group STM which saw its chief executive arrested in Gibraltar last year.
Aegon has warned that concerns over investing in unregulated investments could damage how consumers view SIPPs despite few SIPPS allowing unregulated investments.