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Sipp and SSAS Rowanmoor Group has been bought out, it has been announced.

Curtis Banks has continued its Sipp acquisition trail by acquiring 5,000 Sipps - with assets under administration of approximately £630m - from the administrators of European Pensions Management.

The average FSCS compensation payments for a Sipp-related claim increased by 31% in the last financial year.

Sipp and family pension trust operator Rowanmoor Group has promoted Sarah Nightingale to Sipp operations director.

A revamp of the Talbot and Muir Sipp has been announced this morning.

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