Pensions

The Financial Services Authority (FSA) has banned two former Freedom SIPP directors, John James Quarrell and Susan McKenzie Beaumont, from working in the financial services industry.

The Financial Services Authority's (FSA's) hike in capital adequacy for self-invested personal pension (SIPP) providers is ‘overkill' but it is unlikely the regulator will change tack, according to one provider.

A number of self-invested personal pension (SIPP) providers have stopped taking investments into Caribbean property fund Harlequin Properties according to its biggest UK distributor, after concerns about it were raised by a law firm.

AJ Bell has reported an increase in pre-tax profits of 39% to £26.5m, with assets under administration hitting £17.5bn for the year ended 30 September.

Natanje Holt looks at some of the latest changes in the Disclosure landscape detailed within CP 12/10 as changes become enforceable from 21st December

Do you agree with the FSA's capital adequacy plans for SIPP providers?

Barnett Waddingham has launched a free online tool for members and their advisers worried about compliance with SSAS rules.

The Serious Fraud Office has urged the self-invested personal pensions industry to report unusual activity in the fight against fraud.

CRYSTAL BALL

The Financial Services Authority's (FSA) plan to raise the amount of capital self-invested personal pension (SIPP) providers have to hold will spur further consolidation in the market, the chairman of Mattioli Woods has said.