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Pension investors are trying to protect their retirement pots from turbulent markets by taking far smaller tax-free lump sums and at a later age, new data reveals.
Landmark court ruling turns client losses back on Sipp provider By Michael Klimes 1 st April 2021 12:36 pm The Court of Appeal has overturned a landmark judgment, ruling that a Sipp provider was in fact responsible for their ex-client’s losses. The judgment marks a watershed over how much responsibility a Sipp provider has to vet unregulated investments. It also brings to a conclusion several years of legal wrangling between Russell Adams and his old Sipp provider Options UK Personal Pensions LLP. Options, formerly known as Carey Pensions UK, was fighting to main...