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Displaying items by tag: SSAS News

The chief executive of a Sipp provider has said his firm will steer clear of becoming a direct competitor in the platform market despite an alliance with a wrap platform tech company.

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There has been a significant rise in clients wanting to use a Sipp or SSAS to help fund the purchase of a new commercial property, a law firm has reported.

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An adviser relationship manager from AJ Bell has left to bolster Xafinity's Sipp and SSAS sales team.

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Wednesday, 17 September 2014 09:40

Firms create portal for administering Sipps and SSAS

Two firms have struck a deal to create a "sophisticated portal" for administering UK Sipps and SSAS.

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Wednesday, 10 September 2014 09:22

Firm acquires over 500 SSAS and Sipps clients

Barnett Waddingham has purchased Chase de Vere's Sipp and SSAS book for an undisclosed fee, it announced this morning.

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In November last year, the FCA asked Sipp operators to complete a (long) questionnaire to help them with their third thematic review. Among the 40 or so data items requested was the amount of Assets Under Administration (AUA).

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IFG Group, which owns Sipp and SSAS wrap provider James Hay, has sold its Irish pension and advisory business to Willis Ireland for £10.8m.

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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.

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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.

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The government has advanced its pension thinking this month with the enactment of The Finance Act 2014, guidance on allowing new retirees access to next year's pension freedoms and its response to the consultation on those freedoms.

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