Sipps

Retirement | 15 Jun 17

Alan Shearer has agreed a settlement deal after launching a £9m ($11.5m, €10.2m) court bid against his former financial adviser for giving the ex-Newcastle United and England striker negligent financial advice.

Tax & Regulation | 13 Jun 17

The Financial Ombudsman Service (FOS) received 15% more complaints about pensions in 2016/2017, with Sipps one of the most complained about products, despite a 6% drop in the number of people contacting the financial redress service.

Companies | 25 May 17

STM chief executive Alan Kentish has said the cross border financial services provider is well placed to go on a “buy and build acquisition spree” of Qrops businesses, following the UK’s shock decision to impose a 25% transfer charge earlier this year.

Retirement | 25 May 17

Malta-headquartered Momentum Pensions has clarified rules around which assets it will accept into its International Sipp as chief executive Stewart Davies confirms the sector is under a “heightened level of scrutiny”.

Tax & Regulation | 9 May 17

UK Sipp provider James Hay has been hit with a £1.8m (€2.12m, $2.3m) tax bill from HM Revenue and Customs (HMRC) over the Guernsey-listed biofuel investment scheme Elysian Fuels.