Second cold-call ban consultation released

The Treasury has today published a “technical consultation” relating to the ban on pensions cold-calling, following criticism for missing its June deadline. The Treasury confirmed last month the implementation of the ban would be delayed due to “technicalities”. At that time, a Treasury spokesman said: “Following debates in parliament, and having considered evidence from the industry, […]

Arrows hit target.

SJP platform upgrade bill hits £200m after drawdown migration

St James’s Place has migrated drawdown business onto its new platform as the cost of its multi-year upgrade project passes £200m. SJP has now moved around £40bn of its nearly £100bn in total assets onto the Bluedoor system after migrating its drawdown book in May, it has revealed in financial statements this morning. More than […]


FSCS hit with more than 200 claims over collapsed Sipp provider

The Financial Services Compensation Scheme has received more than 200 claims against the collapsed Lifetime Sipp Company in less than two months. Company data provided to Money Marketing by the FSCS showed 19 claims had been received as at 30 May. However, the FSCS confirmed this week that the number of claims has now ballooned […]


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