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AMPS selects Embark exec as new chairman
The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has selected Andrew Phipps, senior propositions manager at Embark Group, as its new chairman.
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Bank base rate up 50bps to 3.5%
The Bank of England today increased its base rate by 50 basis points from 3% to 3.5% in a move widely expected by experts.
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FCA calls for views on PRIIPs replacement
The FCA has called for views on potential disclosure rules to replace the Packaged Retail Investments and Insurance Products (PRIIPs) regime and the Undertaking of Collective Investment in Transferable Securities (UCITS) rules.
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Westbridge adds three after Rowanmoor SSAS acquisition
SSAS firm Westbridge Group has added three new hires following the announcement of its acquisition of failed pension firm Rowanmoor’s SSAS business.
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Annuity rates soar 44% in 2022
Annuity rates have soared in 2022 as gilt yields rose and competitors vied for market position.
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