Barnett Waddingham’s SIPP business board has appointed SIPP market expert Mark Smith as an independent non-executive director.
Fund manager Vanguard is to axe its low-cost Financial Planning arm which was launched in April 2021.
All FCA-regulated firms should, by now, have put in place their implementation plans for meeting the Consumer Duty requirements by 31 July 2023 (a later date applies for legacy products).
SIPP industry veteran John Moret has called on the Treasury to review and rewrite SIPP regulation, saying the current framework is ‘a mess and not fit for purpose’.
A pair who masqueraded as advisers to defraud pension savers of £20m have been jailed.