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DAC Pensions declared in default as claims mount
SIPP provider DAC Pensions - which had more than 600 clients and nearly £27m in assets under administration - has been declared in default by the FSCS, opening the door to compensation claims.
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Budget: Shock from Chancellor as LTA scrapped
Chancellor Jeremy Hunt shocked the pensions sector in his Budget today by announcing that he would 'scrap' the pensions Lifetime Allowance and increase the annual allowance from £40,000 to £60,000.
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@SIPP's founder Colin Barral dies at 64
Pensions and SIPP provider @SIPP has announced the death of its founder and chairman Colin Barral at the age of 64.
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FSCS declares SIPP adviser firm in default
The Financial Services Compensation Scheme has declared Cardiff-based pension firm The London Trading Company (UK) Ltd (FRN: 678985) in default.
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Transact halts staff leave due to tax year rush
Platform Transact has embargoed staff leave for several weeks to cope with the end of tax year rush.
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