SIPP transfers from failed Hartley Pensions headed to Morgan Lloyd

Administrators UHY Hacker Young name firm as nominated operator

Jenna Brown
clock • 2 min read

Morgan Lloyd has been named as the nominated operator to receive transfers from failed self-invested personal pension (SIPP) provider Hartley Pensions.

UHY Hacker Young is overseeing the administration and chose Morgan Lloyd, a subsidiary of Clifton Asset Management, after an "extensive period of due diligence" and in conjunction with the Financial Conduct Authority (FCA). Hartley went into administration at the FCA's request in August 2022. Morgan Lloyd, a pensions management and administration business in operation for more than 20 years, said its appointment was a positive step for Hartley clients. Clifton Asset Management director Anthony Carty said: "Our appointment as the nominated operator to receive transfers from the Hart...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Initial 900 SIPP clients transfer out of stricken Hartley Pensions

Initial 900 SIPP clients transfer out of stricken Hartley Pensions

Hartley went into administration in July 2022 over ‘toxic’ investments

Jenna Brown
clock 07 January 2025 • 1 min read
Overseas pension transfers: How recent rule changes impact recent and future advice

Overseas pension transfers: How recent rule changes impact recent and future advice

Daniel Bosiacki looks at recent rule changes that affect overseas pension transfer advice...

Daniel Bosiacki
clock 06 January 2025 • 3 min read
Exploring pensions outsourcing as a route to unlocking efficiencies

Exploring pensions outsourcing as a route to unlocking efficiencies

'Unlocks the potential for iterative improvement'

Julia Fintz
clock 24 December 2024 • 7 min read