Suffolk Life acquires SIPP book from Pearson Jones

The mutually-agreed acquisition will see Suffolk Life accept the transfer of about 280 SIPP plans from Pearson Jones, following the firm's decision to wind-up its two schemes: the Skipton (Pearson Jones) SIPP and the NET SIPP. Pearson Jones will maintain its central role as financial adviser to the investors. Suffolk Life managing director David Hobbs said: "The acquisition of the SIPP book from Pearson Jones underlines our commitment to grow our business both organically and through the right acquisitions. The Pearson Jones clients and approach fits well into the bespoke end of our p...