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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.
One in four employers (27%) is planning to launch financial education initiatives for staff in the next three years, according to research covering more than 2,000 employees.
Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.
The latest data from the Financial Ombudsman Service suggests SIPP complaints will be 25% up year on year and could top 2,000.
The removal of an amendment making pensions auto guidance compulsory under new legislation has been welcomed by a Sipp provider.
Xafinity Punter Southall has hired Wayne Segers as head of Punter Southall Transaction Services (PSTS).
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