In an alternative world to the UK Budget, The European Insurance and Occupational Pension Authority published a consultation paper on the creation of a standardised Pan-European Personal Pension product on 3 July.
I guess by now I shouldn’t be surprised at anything that emerges from the regulator on the subject of Sipps. There have been numerous well documented failures in the advice regime governing Sipps that it’s hard to believe that worse could follow.
A couple of Saturdays ago, and in a break from having a full weekend, I was asked to speak at the Retirement Money Show in London.
We live in an instantaneous world – if I go on Amazon I can have my purchase with me the next day, banking can be done at the click of a mouse and bills can be paid without even getting up in the morning.
The release of further clarification from the FCA on Sipp capital adequacy rules brings with it my return to the blogosphere. My initial reaction was not one of relief that some issues had been resolved.
And so as the dust settles on April’s seismic changes to the pensions regime what can the Sipp market expect from a new Government and new Pensions Minister.
Much of my last 12 months has been spent touring the UK, talking to advisers about pension freedoms. Whilst I still have a few sessions to go, I’d like to share a few interesting findings with you.
