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Pensions Regulator stressed value of advice amid BSPS restructure

British Steel Pension Scheme trustees were urged to discuss “the importance of obtaining independent financial advice” with members, amid a major restructuring of the scheme, a report has revealed.
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AJ Bell cuts managed portfolio fee by 40%

Sipp provider AJ Bell has announced a 40% cut to management fees on its Managed Portfolio Service.
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FCA personal pensions probes to include Sipp review

The FCA has launched a probe into possible ‘harm’ to consumers in the non-workplace pensions market.
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SIPP provider James Hay may face £20m tax fine

James Hay could be facing a tax penalty of £20 million over the biofuel investment Elysian Fuel.
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Dentons adds 1,400 SIPPs with Sippchoice takeover

Dentons Pension Management Limited, one of the larger providers and administrators of SIPPs, has acquired Sippchoice, a London-based SIPP provider for an undisclosed sum.
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  1. 27% of employers to educate staff on lifetime savings
  2. HMRC income withdrawal taxation 'out of control'
  3. FOS figures suggest 2,000 SIPP complaints this year
  4. Sipp firm welcomes govt U-turn on auto guidance

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