Personal Pensions Provider Hartley Enters Administration

By Ashish Sareen (August 1, 2022, 6:13 PM BST) -- Hartley Pensions Ltd. has been placed into administration at the request of the Financial Conduct Authority, with Peter Kubik and Brian Johnson of accountancy firm UHY Hacker Young LLP being appointed as the joint administrators, the FCA said Monday.

Hartley is a provider of self-invested personal pensions, or SIPPs, authorized and regulated by the FCA. It also provides administration for some small self-administered schemes regulated by The Pensions Regulator.

SIPPs are a type of account that allows members to take charge of their retirement savings where they control how much money goes in and when. A small self-administered scheme is a bespoke...

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