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Barnett Waddingham has purchased Harsant Pensions for an undisclosed figure, in a deal which will see the firm add more than 400 Sipp and 70 SSAS clients to its existing book of business.

The threat of a further levy hangs over advisers due to increased compensation linked to Sipp claims.

Sipp provider Xafinity has announced it has frozen its fees for the coming year after advisers told the firm some companies were 'abusing' their ability to make increases.

A Sipps firm has backed the FCA's new capital adequacy rules and announced it has acquired the Sipp book from a pension administration provider for an undisclosed sum.

The Association of Member-Directed Pension Schemes has declared it has "serious issues" with aspects of the new capital adequacy rules.

A Sipps firm has raised concerns over the new capital adequacy rules published by the FCA.

The FCA has revealed new rules on capital adequacy for Sipp operators this morning which will come into effect in September 2016.

With recent questions about the investment allowed in Sipps and some regulatory concern, the idea of a return to a permitted or 'whitelist' of investments is gaining ground.

The sales of two types of Sipp offered by AXA Wealth have risen over the last year, the firm has reported.

Sipp related claims against financial advisers who are no longer trading have continued rising, The Financial Services Compensation Scheme said today. 

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