About one out of five people are still failing to save anything at all towards their retirement, a report has suggested.
There is no hiding place for businesses failing to meet the new capital adequacy rules, a Sipp firm managing director says.
Curtis Banks Group achieved an operating profit of £1.631million and administered 67,161 Sipps in the six months to the end of June.
The new capital adequacy rules took effect this week but Sipp experts say there are still grey areas that could be problematic.
Sipps specialist Claire Trott is leaving Talbot and Muir, the company revealed this morning.
The FCA advised AMPS at the beginning of August that they had issued an alert highlighting some of the risks arising from authorised firms accepting business from unauthorised introducers and lead generators.
2016 has been another year of consolidation in the Sipp industry, this can be seen as good or bad depending on who you are and more importantly, where the Sipps end up.
After reflecting on developments in the SIPP market over the last few weeks I’ve concluded that it’s definitely a case of out with the old and in with the new.
The latest FOS complaints data has shown Sipps had a higher complaint uphold rate than any other financial product.
Sipp and SSAS Rowanmoor Group has been bought out, it has been announced.