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

Women in their 50s facing 'pensions crunch'

Women in their 50s facing 'pensions crunch'

Woman aged between 50 and 59 projected to retire on £12,600 a year

Martin Richmond
clock 11 November 2026 • 3 min read
Women's retirement income outlook improves but 'faster' change needed

Women's retirement income outlook improves but 'faster' change needed

Most women still on track for minimum retirement standard or worse

Alex Levy
clock 10 November 2026 • 3 min read
Why the pensions dashboard could raise more questions than it answers

Why the pensions dashboard could raise more questions than it answers

The 31 October connection deadline was a 'starting gun rather than the finish line'

Robert Holford
clock 09 November 2026 • 4 min read