SIPPs: 6 tips to help you choose the right SIPP provider

6 tips to help you choose the right SIPP providerPensions Freedom, coupled with new legislation from the Financial Conduct Authority (FCA) regarding the amount of capital needed to be held by SIPP providers, mean the landscape of the self-invested market is changing. Whether your are a new or existing SIPP investor choosing the right provider is crucial, not least because a combination of exit fees, set up charges and advice fees can make moving SIPP provider an expensive business. It’s certainly one decision you are better to get right first time around. So ...

6 easy ways to spot (and avoid!) a financial scam

Scam Computer Keys Showing Swindles And FraudOver the past year or so, we’ve heard from a growing number of investors who have found themselves victim to a financial scam, often resulting in a large hole in their finances. Indeed, our Marketing Manager, Phillip Bray, has been directly targeted and offered inappropriate and high risk investments after only the briefest telephone conversation. So how do you avoid being scammed?...

SIPPs: Exposing the myth of ‘SIPP approved’ investments

iStock_000016454287XSmallA recent exchange on Twitter between our Marketing Manager, Phillip Bray, and an unhappy SIPP investor led us to thinking about the world of unregulated investments and in particular the term, ‘SIPP approved’. Responding to one of our blogs, ‘7 lessons all investors can learn from the problems with Harlequin Property ’, the investor asked: “Perhaps you can explain, when something is SIPP approved, does that not mean due diligence and checks have been made?” This got us thinking, what does the term ‘SIPP ...

Investments: 7 lessons all investors can learn from the problems with Harlequin Property

The financial lessons we’ve learnt in 2012For those not in the know, Harlequin Property offer overseas property investments, in a series of developments, based mainly in the Caribbean and South America and promoted by a number of celebrity endorsements. All seemed well until recently, when a series of stories in the national media revealed that several of the developments had not been started and income payments to investors had stopped. Since then the Serious Fraud Office has revealed they ...