Embattled Sipp provider reports profit as claims swirl

Liberty Sipp, which is facing claims over unregulated investments, has reported a nearly 20 per cent increase in pre-tax profit. Money Marketing reported in May law firm Anthony Philip James & Co says it has up to 700 investors who allege they have suffered significant losses as a result of unregulated pension investments through the […]


FCA mulls exit fee ban for platform switches

The FCA is considering banning exit fees for switching platforms. In its platform market study, released this morning, the FCA says it may also issue further guidance on how advisers should charge for platform switches after finding that the process and the costs involved can often be lengthy, preventing clients from getting the best deal […]


Competition watchdog demands change in pension investment market

The Competition and Markets Authority has found problems with the investment consultancy and fiduciary management markets that work with pension trustees to advise on how they invest their funds. In a provisional report released today, the CMA found around half of pension schemes choose the same provider for fiduciary management as investment consultancy and firms […]


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