Rowanmoor Personal Pensions enters administration

Rowanmoor Personal Pensions Limited (RPPL), is a Self-Invested Personal Pension (SIPP) operator authorised and regulated by the FCA. RPPL operates approximately 4,800 pensions, with assets under administration of £1.4bn. On 31 August 2022, RPPL’s directors appointed Adam Stephens and Chris Allen of Evelyn Partners LLP (Evelyn Partners) (formerly Smith & Williamson LLP) as joint administrators (administrators). We set out the steps RPPL’s clients should take and advice on how to protect against scams. If you are a client of RPPL, the administrators will be writing to you shortly to explain what this means for you and what action you should take. Although RPPL has entered administration, your pension assets are not affected. This is because the pension scheme assets (including cash) are held in trust by Rowanmoor Trustees Limited (RTL), which has not entered administration. If you do not receive a letter from the administrators, you should contact them using the details below. Original Article Here