Neil Marsh, managing director of SIPP administrator Hornbuckle Mitchell, died on Tuesday after battling cancer for two and a half years.
Marsh, aged 48, continued to work alongside his team up to the day he died.
He began his career in financial services 24 years ago and specialised in SIPPs and small self-administered schemes (SSASs) for 15 years.
Hornbuckle says he feared the consequences of the dilution of the ‘full fat’ SIPP by the large insurers, believing consumers often think they have bought a SIPP when in fact they have bought ‘SIPPs in drag’ with limited capability.
Last year Marsh criticised the Government over its refusal to return to rules on A-Day for buying commercial property through SIPPs, saying it had “shot itself in the foot” after tax relief claims rose.
Dave White, director of Hornbuckle Mitchell, says: “Although Neil was ill for some time, his death has shocked us. He was determined to keep working and never gave in.
White, who takes over as managing director, calls Marsh “an inspirational leader” with “a brilliant understanding of pensions” and “infectious” passion.
He says: “Neil was instrumental in building Hornbuckle Mitchell into the strong and profitable business it is today. He leaves behind a tremendous record of achievement and an accomplished management team who are committed to pursuing his strategic vision. We already miss him very much”.
Neil leaves behind a wife and two young daughters.
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