SIPPs and SSAS firm Talbot and Muir has warned that a number of SSAS arrangements face “significant costs and delays” on transfers to a more suitable vehicle, such as a SIPP.
The Financial Services Compensation Scheme has opened the door to claims against a SIPP firm which was dissolved more than 10 years ago.
SIPP provider Berkeley Burke has been ordered to pay almost £1m in costs to people left out of pocket after making high-risk unregulated investments which were accepted into the firm’s SIPPs.
The joint administrators of GPC SIPP have concluded the sale of the business to Hartley Pensions following a period of marketing.
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