Over 120,000 SIPP and SSAS savers may be owed compensation of up to £80,000 each due to errors in relation to property transfers, according to tax advisers Cornerstone Tax.

New UK commercial property rules announced on Wednesday - making it easier to convert commercial properties into residential housing - could hit investors in commercial property using SIPPs and SSAS.

SIPP and SSAS specialist Talbot and Muir has launched a series of bespoke CPD-accredited webinars that can be tailored for individual firms of advisers and will be delivered by the firm’s business development consultants. 

Embark Pensions, which includes EBS Pensions and Rowanmoor, saw a near 14% increase in client numbers in 2019 but a 6% decline in net operating profit, according to annual results.