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The Financial Conduct Authority’s final rules on Capital Adequacy imply that fixed term cash deposits that cannot be realised within 30 days will have to be classed as a ‘non-standard’ asset.
Last December, the Financial Conduct Authority released Handbook Notice No. 28.
Pensions and retirement income have moved above ISAs to the top of the Canada Life table for most in-demand products.
Dentons Pension Management and Transact have joined forces to launch a new Sipp and a “more joined-up proposition”.
A new principal consultant has been appointed by a Sipps firm to its DC mastertrust.
About £100m worth of Stadia Sipps schemes will be wound down after Mattioli Woods was appointed to administer the process.
In the last week I have been travelling around the country a lot and one day I was booked in to talk with some professional connections of a financial adviser, when I asked for a list of attendees I was a little surprised to discover the majority of the audience were property professionals.
Sipps Professional columnist Claire Trott wants to see all providers and platforms to be able to carry out electronic in-specie transfers, saying it can only be beneficial for consumers and industry alike.
A former Hornbuckle and Standard Life Sipp consultant has been handed a role by Yorsipp to oversee its business in Northern Ireland and Scotland as both countries show a strong demand for Sipps.
Net new business in Hargreaves Lansdown’s Sipp nominee accounts was £1.2 billion for the last six months of 2015.
A Sipp and SSAS provider has reported it had a 25% increase in commercial property investment in 2015.
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