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'Absolute carnage' could be ahead as smaller companies struggle to contend with compliance for auto-enrolment, an adviser has warned.
The volume of compensation claims relating to advice given to consumers to switch from conventional pensions to a Sipp is growing rapidly according to the Financial Services Compensation Scheme.
People aged 50 and above are turning to Sipps in their droves following the overhaul in the pensions system, according to Liberty Sipp.
There is much written about why individuals need to be incentivised to save for retirement and the importance of tax relief on contributions in achieving that goal.
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Parmenion has hired a managing director of a wealth management firm as it continues its plans to grow the business following its recent Sipp wrapper launch.
A SSAS and Sipps provider has hired an experienced actuary and director from KPMG.
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