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  • The FCA has stepped in to remove all regulatory permissions from London-based IFA Verus Financial Services Limited (FRN 765214) after a number of "deliberate" breaches of existing restrictions.

  • Inheritance tax (IHT) receipts for the government were up £84m year on year to £5.8 billion in the first eight months of the 2025/26 tax year, according to HMRC data out today.

  • Former Pensions Minister Sir Steve Webb, a partner at retirement consultancy LCP, has warned that axing or significantly diluting the pensions Tripe Lock would mean an additional 10m pension savers will face an “inadequate” pension.

  • The latest issue of Financial Planning Today magazine - sister publication to SIPPs Professional - is available and includes an exclusive Cover Feature on the YouTube Financial Planners breaking new ground and reaching millions via the platform.

  • 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.

Latest News
Another major pensions company has predicted its annuity sales will plummet following the Budget.

Curtis Banks has predicted the Budget pension reforms will have a beneficial knock on effect on the Sipps sector as it announced today that its profits have more than quadrupled to £3.4 million.

The Budget pension reforms led to about £15m of annuity sales at Legal and General being cancelled, the company reported today.

A newly appointed pension technical manager is set to take up his role at a Sipp firm later this month.

The Tax Incentivised Savings Association will hold two workshops covering key aspects of Sipps for professionals who are new to the sector.

Demand for drawdown via Sipps and SSAS will grow as a result of the Budget, a specialist firm has predicted.

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