Independent SIPP and SSAS firm Talbot and Muir has called for standardised NSI (Non Standard Investments) reporting.

The Association of Member-Directed Pension Schemes (AMPS), the industry body representing SIPP operators and SSAS practitioners, has today revealed Claire Trott of St James’s Place Group has been appointed as its new chairman.

Discretionary fund manager (DFM) and Sipp provider Greyfriars Asset Management has gone into administration.

STM, owner of UK SIPP provider London & Colonial, is to acquire the majority of rival SIPP firm Carey Pensions for £400,000 as Carey prepares to tackle a major court case.