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  • The management buy out (MBO) of Global Pension Corporation (GPC), formerly known as SIPP and SSAS provider STM Group, has been completed today, the firm has said.

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Gaudi, the SIPP and platform fintech business, has launched a white-labelled pension income drawdown product that can be used by any financial brand.

Westridge SSAS has recruited three new executives a week after the purchase of James Hay’s SSAS book.

The Financial Ombudsman Scheme is planning to cut 150 jobs, including management positions, due mainly to a rapid decline in PPI work follow the ending of PPI claims to the Ombudsman.

SIPP provider iPensions Group has launched a new service enabling Irish expatriates and people with Irish pension benefits to consolidate Irish, UK or other overseas pension benefits into a SIPP with the launch of a new Irish Transfer service.

Those aged 55-64 are at risk of exhausting their retirement savings early and are not adequately planning for their retirement, according to new research.

The Financial Ombudsman Scheme is planning to cut 150 jobs, including management positions, due mainly to a rapid decline in PPI work follow the ending of PPI claims to the Ombudsman.

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