SIPP and pensions provider STM Group has agreed in principle to a £41m takeover bid from Guernsey-based investment vehicle PSF Capital GP II Limited, better known as Pension SuperFund Capital.

Christine Hallett founded retirement and SIPP provider Options UK (formerly Carey Pensions) in 2009 and is MD of the company, now part of STM Group. Here, the Options MD talks exclusively to Financial Planning Today about her business following the controversial Adams case, her views on the SIPP market and her plans for the future.

STM Group, parent company of SIPP provider Options, has reported a 44% drop in profit before tax for the six months ended 30 June.

STM Group, parent company of SIPP provider Options, has completed its acquisition of the SIPP and SSAS portfolio of US asset manager and pension consultancy Mercer.