Carey Pensions buy makes STM Group immediate £2.7m profit

STM Group raked in £2.7m in profits from its acquisition of Carey Pensions earlier this year in what it classed as a bargain purchase.

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John Moret: Where does the SIPPs buck stop?

I’ve been spending a fair amount of time recently considering the subject of investment due diligence. Last month an ex-colleague Chris Jones and I gave a talk on the subject at the AMPS (SIPP and SSAS providers) conference. In preparing for that talk we undertook some substantive research into the subject primarily in the context of due diligence on investments made within a SIPP wrapper.

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FSCS declares SIPPs firm in default as 400 customers hit

The Financial Services Compensation Scheme (FSCS) has today declared The Lifetime SIPP Company Limited in default.

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FSCS opens to claims against GPC SIPP

The Financial Services Compensation Scheme (FSCS) is now accepting claims against GPC SIPP Limited (GPC) which slumped into administration this week.

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