Latest Columns
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Lisa Webster: A calmer Budget? We hope so...
As we head towards our new Downing Street leadership team’s first Budget, the waters seem relatively calm.
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Lisa Webster: Take the pension first? Think again
With the impending changes to tax treatment of pensions on death, there has been talk around the order of income in retirement being turned on its head.
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Tilley: Transfer reform welcome but SSAS governance is key
At first glance, DWP’s June 2026 consultation on proposed changes to the 2021 transfer regulations does something the industry has long asked for; it acknowledges that the current regime, while well intended, has created too much friction for some perfectly legitimate pension transfers.
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Lisa Webster: Good news from DWP for SIPPs but not SSAS
The DWP has just released its long-awaited consultation on the SIPP transfer regulations – and it’s largely encouraging news. As an employee of a reputable SIPP provider the changes are positive. SSAS providers may be less enthusiastic about some of the proposals.
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Lisa Webster: Should tax-free cash always be taken?
Since the Lifetime Allowance was abolished and replaced with the Lump Sum Allowance (LSA) and lump sum and death benefit allowance (LSDBA), we have seen an increase in SIPP members who want to take drawdown only – foregoing the right to take the associated pension commencement lump sum (PCLS).
Popular News
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FCA steps in as SIPP and ISA manager fails
ISA and SIPP manager manager Jarvis Investment Management Limited has entered special administration this week as the firm closes its doors.
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Most workers have no retirement plan – survey
Fewer than one in five (18%) employees with a workplace pension have a clear retirement plan, despite more than half (51%) having already given a lot of thought to their financial needs in later life.
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FSCS launches probe into SIPP advice IFA firm
The Financial Services Compensation Scheme has launched probes into two failed investment firms this week - IFA firm Verus Financial Services Ltd and investment provider Aspiro Research and Development LLP.
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FSCS launches probe into failed ISA and SIPP manager
The Financial Services Compensation Scheme has launched a probe into failed ISA and SIPP manager Jarvis Investment Management Ltd (FRN 116413) after it entered special administration last week.
The firm had been under special restrictions from the FCA since 2022.
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The FSCS said it is “working closely with the JSAs and FCA to understand the position.” It said its “immediate priority is to establish whether we can meet any costs associated with returning or transferring client money and custody assets for eligible claimants.”
It said it is not currently open to customer claims against Jarvis. “We are investigating whether there are claims that may be eligible for FSCS compensation. This includes considering the position of customers affected by Jarvis’s existing redress programmes.”
The FSCS said the work is ongoing, and no decision has yet been made about FSCS protection or how money and assets will be returned. It added that the JSAs will contact affected customers directly if they need any information or action from them.
The direct to consumer part of Jarvis Investment Management was sold to Interactive Investor in 2025 and the firm had links to other businesses, providing ISA and SIPP management and stockbroking to other providers.
During its history the firm traded under many names including shareDeal active, X-O.co.uk, sellmysharecertificates.com and Dial-n-Deal as well as Jarvis Investment Management.
The firm was was based in Royal Tunbridge Wells but registered in the City of London. It was in business for more than 30 years and at its peak said it had more than 50 staff.
It offered stockbroking and administration services and solutions to third parties and was a member of the London Stock Exchange. It was an approved as a HM Revenue & Customs ISA Manager.
In September 2022, the FCA and Jarvis voluntarily agreed restrictions which limited certain activities, with the aim of protecting customers.
After Jarvis sold most of its direct client book to Interactive Investor Services Limited in 2025 it began an orderly wind-down of its remaining operations. The administrators reported that the wind-down did not complete.
The administrators reported: "Following recent unforeseen events, the company’s board concluded that the company would soon be unable to meet its financial obligations. The company explored a sale of the business but was unable to find a suitable purchaser."
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The Financial Services Compensation Scheme has launched a probe into failed ISA and SIPP manager Jarvis Investment Management Ltd (FRN 116413) after it entered special administration last week.
The firm had been under special restrictions from the FCA since 2022.
{loiadposition hidden2}
The FSCS said it is “working closely with the JSAs and FCA to understand the position.” It said its “immediate priority is to establish whether we can meet any costs associated with returning or transferring client money and custody assets for eligible claimants.”
It said it is not currently open to customer claims against Jarvis. “We are investigating whether there are claims that may be eligible for FSCS compensation. This includes considering the position of customers affected by Jarvis’s existing redress programmes.”
The FSCS said the work is ongoing, and no decision has yet been made about FSCS protection or how money and assets will be returned. It added that the JSAs will contact affected customers directly if they need any information or action from them.
The direct to consumer part of Jarvis Investment Management was sold to Interactive Investor in 2025 and the firm had links to other businesses, providing ISA and SIPP management and stockbroking to other providers.
During its history the firm traded under many names including shareDeal active, X-O.co.uk, sellmysharecertificates.com and Dial-n-Deal as well as Jarvis Investment Management.
The firm was was based in Royal Tunbridge Wells but registered in the City of London. It was in business for more than 30 years and at its peak said it had more than 50 staff.
It offered stockbroking and administration services and solutions to third parties and was a member of the London Stock Exchange. It was an approved as a HM Revenue & Customs ISA Manager.
In September 2022, the FCA and Jarvis voluntarily agreed restrictions which limited certain activities, with the aim of protecting customers.
After Jarvis sold most of its direct client book to Interactive Investor Services Limited in 2025 it began an orderly wind-down of its remaining operations. The administrators reported that the wind-down did not complete.
The administrators reported: "Following recent unforeseen events, the company’s board concluded that the company would soon be unable to meet its financial obligations. The company explored a sale of the business but was unable to find a suitable purchaser."
The Financial Services Compensation Scheme has launched probes into two failed investment firms this week - IFA firm Verus Financial Services Ltd and investment provider Aspiro Research and Development LLP.
ISA and SIPP manager manager Jarvis Investment Management Limited has entered special administration this week as the firm closes its doors.
Fewer than one in five (18%) employees with a workplace pension have a clear retirement plan, despite more than half (51%) having already given a lot of thought to their financial needs in later life.
More than 3m UK pension pots remain lost worth a total £18.7bn, according to a Pensions Policy Institute study.
SIPP and SSAS provider and administrator InvestAcc has sold its Chartered Financial Planner business Vesta Wealth to its management in a £12m deal.