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Client wins at James Hay fell by 22% in the first 10 months of the year according to parent company IFG’s latest trading update.
It is almost exactly one year since Revenue Scotland reversed its decision to levy Land and Buildings Transaction Tax (LBTT) on in-specie transfers between SIPP or SSAS providers. The reversal followed almost two years of industry debates, and indeed efforts to have the original decision overturned.
Curtis Banks, one of the UK’s biggest SIPP providers, has completed the purchase of wealth manager Hargreave Hale’s £180m SIPP book.
Martin Tilley, director of technical services at SIPP provider Dentons Pension Management, is leaving the firm after 30 years to join a wealth manager in the new year.
Platform and SIPP operator AJ Bell’s market capitalisation is will be “approximately £651m”, the company has revealed.
Independent SIPP and SSAS firm Talbot and Muir has called for standardised NSI reporting.
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