Pensions

SIPP provider Suffolk Life has unveiled a service charter as part of its efforts to develop its business.

Clients are being urged to seek advice before moving Protected Rights money out of with-profit funds and into a SIPP as exit penalties introduced last week could significantly reduce the value of their pots.

Around 80% of advisers are considering special campaigns to win new clients who want to move Protected Rights money into a SIPP following recent rule changes, according to research by Fidelity FundsNetwork.

SIPPs must appeal to a broad market of mass affluent customers in order to reach their full potential, according to IT solutions provider Mastek.

Recent years have been an exciting period for the Self Invested Personal Pension (SIPP) market with plenty of ups and downs.

We know that A-Day brought flexibility in managing retirement income. Some opportunities were used by advisers, often with great advantage to the client.

Hornbuckle Mitchell has called on the Department for Work and Pensions (DWP) to clarify its ‘proportionality' rules in relation to Protected Rights transfers.

Xafinity, a major player in pensions administration, has launched a flexible SIPP with a menu charging structure which will allow clients to pay for what they use.

Open Annuities, the UK parent company of London & Colonial Assurance, has acquired The Fiduciary Corporation, a UK SIPP specialist trading as L&C Pensions.

A board member of the Pension Protection Fund (PPF) has been appointed acting chair of the Personal Account Delivery Authority (PADA) following Paul Myners's resignation.