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Great fun to work with and a professional job every time.

Andrew Tabernacle, Bishop & Partners Chartered Accountants

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Royal Bank of Scotland Interest Change

From the 27/11/2017 the Royal Bank of Scotland have changed the credit interest rate on deposit accounts. The credit interest has increased to a new managed rate of 0.15% Gross/AER per annum. They pay credit interest at a rate set centrally, which isn’t directly linked to the Bank of England rate. Annual Equivalent Rate (AER): [...]

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The Financial Services Compensation Scheme (FSCS) limit has increased.

On 30th January 2017 the deposit protection limit increased from £75,000 to £85,000 per customer. If your bank, building society or credit union fails, the Financial Services Compensation Scheme (FSCS) protects your eligible deposits up to the deposit protection limit. For more information please visit the FSCS website.

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FCA Alert – Fake emails

The FCA has sent out a warning over fake emails from scammers pretending to be the regulator. In a note on its website, the FCA said that it had identified three separate emails using three separate fake FCA email addresses which had been sent not by the regulator, but by other parties. The regulator advises [...]

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RBS interest rate change

The RBS took the decision to cease paying interest on SIPP Bank Accounts. Therefore GPC SIPP clients will no longer receive any interest on their SIPP bank accounts  from 31/03/2016.

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The Financial Services Compensation Scheme(FSCS) protection limit is changing

On 1 January 2016 the deposit protection limit is changing from £85,000 to £75,000- If your bank, building society or credit union fails, the Financial Services Compensation Scheme (FSCS) protects your eligible deposits up to the deposit protection limit (currently £85,000 for most depositors) For more information please click on the following link http://www.fscs.org.uk/what-we-cover/eligibility-rules/compensation-limits/deposit-limits/

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Harlequin Investor Trust update

Here you can download the latest updates to the Harlequin Investor Trust: Letter to RL Letter to RL 2 Client Letter

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Flexible Drawdown

We are pleased to introduce that we have introduced Flexible Drawdown to our existing products. With a Self Invested Personal Pension clients can utilise a drawdown pension where they can choose how much pension they want to be paid each year (within limits). They can also change the amount they receive each year. The term drawdown [...]

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Commercial Property

For information on how to purchase a commercial property, please look at our newly developed page to provide a clearer insight with the process involved.

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Increase in Capped Drawdown Maximum

The government announced in the autumn statement 2012 a welcome reprieve from the reduction of the GAD multiplier implemented approximately two years ago. This, combined with a severe drop in the underlying GAD rates has, in most circumstances, put pressure on the maximum income available from drawdown . The reprieve comes in the form of [...]

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FSA Alert

In response to recent FSA alerts and other market developments, GPC SIPP Ltd has, with immediate effect, changed its business model as outlined below: New Business New business will only be accepted from regulated and authorised Independent Financial Advisers. New business will only be accepted where the Independent Financial Adviser has provided advice to the [...]

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