A Sipp has been made available on a new direct-to-consumer online platform aimed at retirees.
Sipp provider Barnet Waddingham has made additions to its Flexible Sipp investment panel, it confirmed this morning.
A Leicestershire-based firm of independent financial advisers is to create its own white labelled full Sipp.
The increased FSCS levy could mean total regulatory costs for Sipp operators in the sector could rise by an additional 75% this year when compared with 2014.
The proportion of Sipp related complaints which were upheld by the Financial Ombudsman Service in the first quarter this financial year was lower than the trend over the last two years.
Parmenion has reported that it has processed nearly 3,000 applications for its in-house Sipp in its first year.
The company said this represented over £200m of assets.
The company said this represented over £200m of assets.
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.
A Sipp firm claims its new proposition shows it has risen to the challenge laid down by the FCA for operators in the sector to up their game.
The FCA has proposed changes to the new capital adequacy rules - including a relaxation of the frequency of calculating AUA - which it says will reduce firms’ compliance costs.
News from Twitter
Articles by Keyword
AJ Bell
AMPS
annuities
Autoenrolment
Barnett Waddingham
Curtis Banks
DWP
FCA
FOS
FSCS
James Hay
Lisa Webster
Mattioli Woods
Pension
pension freedoms
pensions
pension transfers
Platforms
regulation
retirement
retirement planning
Sipp
Sipps
Ssas
Talbot and Muir
The Pensions Regulator
TPR
Webster
websterblog
Xafinity