A Sipp and SSAS provider has assembled teams from a host of finance firms to square up against each other on the football field.
Sipp provider Mattioli Woods has agreed an £8,300,000 deal to take over SSAS and Sipp administration firm Taylor Patterson.
The number of Sipps administered by Curtis Banks jumped by 115% in the first half of the year, as the company reported a 67% profit increase today.
There will be a shift in the Sipp sector towards firms either restricting their offering to standard assets or offering a full Sipp investment offering including non-standard investments, an industry expert has forecast.
A Sipp has been made available on a new direct-to-consumer online platform aimed at retirees.
A director at Mattioli Woods has confirmed his firm is holding talks with troubled Sipp providers and the FCA to look at possible solutions ahead of the revamped capital adequacy rules taking effect next year.
Sipp sales at James Hay increased by 26% in the first half of 2015, the firm reported this morning.
Mattioli Woods is to spend nearly £15m to build a new central Leicester office.
An ex-director of an advisory firm has been banned for Sipp related failings that left many customers facing losing all of their pension funds.
A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.