There will be a shift in the Sipp sector towards firms either restricting their offering to standard assets or offering a full Sipp investment offering including non-standard investments, an industry expert has forecast.
A Sipp has been made available on a new direct-to-consumer online platform aimed at retirees.
A director at Mattioli Woods has confirmed his firm is holding talks with troubled Sipp providers and the FCA to look at possible solutions ahead of the revamped capital adequacy rules taking effect next year.
Sipp sales at James Hay increased by 26% in the first half of 2015, the firm reported this morning.
Mattioli Woods is to spend nearly £15m to build a new central Leicester office.
An ex-director of an advisory firm has been banned for Sipp related failings that left many customers facing losing all of their pension funds.
A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.
The pensions industry must act swiftly and decisively itself on ‘excessive’ exit fees or it will be forced to do so by new legislation, a Sipp firm expert says.
Talbot and Muir has launched a free SSAS review service for advisers.
There were ten whistleblowing complaints about the Sipp sector in 2014/15, the FCA has revealed.