Administration
Sipp provider in administration sold to pension firm
All members of staff will be protected as they will move over to acquiring company
What happens when an advice firm goes bust?
Smith & Williamson lifts the lid on what administrators do when companies enter insolvency
UK Sipp provider enters administration
Advisers recommended clients transfer pensions which ended up in high risk, illiquid investments
Administrators appointed to The Lifetime Sipp Company
Joint administrators have been appointed to wind down The Lifetime Sipp Company, a Financial Conduct Authority-regulated self invested personal pension scheme administrator based in south-west England.
Unregulated New Earth funds facing liquidation
Joint liquidators have been appointed to the New Earth Group of Funds following an application by the Isle of Man Financial Services Authority (IOMFSA). The application was made with the knowledge and consent of the funds’ directors.