Administrators reach sale deal for PSG's Unity SIPP

Administrators were appointed at PSG SIPP, the parent company of which is Donre Advisory (formerly Basi & Basi Planning), on 25 October 2024. Unity SIPP was the last part of PSG's SIPP business to require a sale, with the rest of its business having been bought by Alltrust Services shortly after administrators came on board. Unity SIPP acted as a scheme administrator operating around 5,500 SIPPs with a total investment value of £1.2bn. It is expected that its clients will be contacted in the coming days by the administrators and Pathline Pensions. The Pathline Pensions deal, which was...