To ask the Chancellor of the Exchequer, if he will provide compensation for self-invested personal pension holders affected by Hartley Pensions entering administration.
Answered on
30 January 2024
The Government is aware of the situation regarding Hartley Pensions, and we offer our sympathy to the customers affected. The FCA is responsible for regulating firms that provide self-invested personal pensions (SIPPs) and are working to ensure the best outcome for Hartley customers. SIPP providers must also comply with the relevant rules overseen by HMRC. Unfortunately, the Government cannot comment on any issues relating to an ongoing administration or court case.
Answered by
Treasury