The chairman of the Sipp providers' association AMPS has forecast a further rise in the number of complaints about Sipps.
AMPS Conference attendees say that the death of annuities is premature but the lifetime allowance must go. Some 77% of attendees agreed that the lifetime allowance should be abolished.
The Annual Conference of AMPS (the Association of Member-directed Pension Schemes) gets under way today (Weds 21 May) in London at a critical time for the sector, says chairman Neil MacGillivray.
On Wednesday 21 May, Chris Jones of Suffolk Life will take to the stage at the Annual AMPS conference to give an update on the Sipp market.
With all the recent chatter about drawdown reform, no one spotted that the Government would advocate unrestricted access to pension pots for all.
Commentators, regulators and even the industry itself have all struggled to split the SIPP market into neatly labelled boxes to highlight the wide range of products under the SIPP moniker.
Calls for a return of the "permitted investment list" for self-invested pensions (SIPPs, SSASs and QROPSs) continue.
We start 2014 knowing that the Pensions Regulator will be looking to improve governance in small trust-based DC schemes following the publication of Code of Practice 13 in November.
So my first month away from AMPS in six years and I was suffering from cold turkey when I saw the release of new guidance by the FCA together with the announcement of a third thematic review.
Barnett Waddingham's compliance officer Zoe Smith has joined the committee for the Association of Member-directed Pension Schemes (AMPS).
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