The boom in SIPP sales that has seen numbers of the products grow to 700,000 is over, a former James Hay Partnership director has said.
The expected consolidation of providers in the SIPP market is being held up by fears over increased capital adequacy requirements, a provider has said.
James Hay Partnership is to close its family SIPP product to new business due to a lack of adviser demand.
Retirement Planner's round up of the top pensions stories of the week.
The consolidation of the SIPP provider space will be stalled by the declining value of some firms, according to Tim Sargisson, managing director of James Hay Partnership.
James Hay Partnership's online SIPP now offers discretionary fund management (DFM) through Seven Investment Management (7IM).
James Hay Partnership's Neil MacGillivray explains how a client can get more for less.
IFG Group, the parent company of SIPP provider James Hay Partnership, has ended takeover talks with private equity firm Bregal Capital.
IFG Group, the parent company of SIPP provider James Hay and a number of IFA firms, is in exclusive talks with private equity firm Bregal Capital regarding a €231.2m takeover.
SIPP provider Hornbuckle Mitchell has passed its £279,667 Financial Services Compensation Scheme (FSCS) interim levy on to investors, its accounts reveal.