Suffolk Life receives second customer award

clock

Suffolk Life was awarded Investor in Customers (IIC) accreditation for the second time today.

The SIPP provider says the award recognises the importance of customer service in light of the recent suspensions of some SIPPs due to poor service standards. Suffolk Life was the first company ever to be awarded the IIC when it was established in 2006. It says high service levels are vital for advisers and their clients, and says recent problems for some SIPP administrators highlight the need to invest in customer service. In recent months, Alliance Trust decided to close its SIPP to new business due to poor administration and service standards, and Freedom SIPP was suspended after t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why waiving the right to tax-free cash is not a straightforward decision

Why waiving the right to tax-free cash is not a straightforward decision

Depends on a number of factors

Lisa Webster
clock 14 May 2026 • 3 min read
King's Speech has limited impact on pensions

King's Speech has limited impact on pensions

Pensions UK says there may be pension implications from other aspects of the legislative programme

Jonathan Stapleton
clock 13 May 2026 • 1 min read
Pensions and divorce: Where advisers can add the most value

Pensions and divorce: Where advisers can add the most value

'A pension is not simply another line on a balance sheet'

Tim Latham
clock 12 May 2026 • 4 min read