SIPP operator Intelligent Money Ltd (FRN: 219473) has entered administration following an upheld complaint regarding some of the investments it allowed within its SIPPs.

The FCA has provisionally banned two financial advisers for “acting without integrity” in relation to SIPPs pensions advice involving £10m of investments.

Fewer people are cutting pension or SIPP contributions as the cost-of-living crisis eases, according to new data.

SIPP and SSAS provider body the Association of Member-Directed Pension Schemes (AMPS) has warned that an increasing number of Small Self-Administered Schemes (SSAS) approvals are being rejected by HMRC.