Options parent acquires Mercer SIPP business in £3.3m deal

STM Group, parent company of SIPP provider Options, has agreed to acquire the SIPP and SSAS portfolio of US asset manager and pension consultancy Mercer.

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Duo jailed for £20m SIPP transfer fraud

Two men who masqueraded as advisers to defraud pension savers of £20m have been jailed.

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ISAs and SIPPs show surprise sales surge in 2021

Sales of ISAs almost doubled in 2021 and SIPP sales were up by an impressive 15%, the latest retail investment data from the FCA has revealed.

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FSCS investigates firm over failure to pay FOS awards

The Financial Services Compensation scheme is investigating Wellington Court Financial Services Ltd over the transfer of client pensions into a SIPP.

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