Displaying items by tag: Sipp
FCA warns SIPP firms on Consumer Duty
Ahead of the new Consumer Duty requirements, the FCA has warned SIPP operators to ensure standards of conduct are high amid concerns about problems in the sector.
Only 8% of consumers know what 'SIPP' means
Three quarters of consumers have no idea what pension acronyms such as SIPP or ESG mean, according to a new study.
SIPP providers must nudge savers to get guidance
SIPP providers will be required from June to “strongly nudge” pension savers to get government-funded pension guidance when they decide to access their pension savings, the FCA confirmed today.
SIPP consolidator buys SSAS firm
London-based SIPP and SSAS consolidator Wilton has signed a deal to acquire SSAS firm Bespoke in the latest move in a rapid acquisition drive.
SFO obtains order against Ponzi fraudster’s SIPP
The Serious Fraud Office has secured an increased confiscation order against former stockbroker and convicted Ponzi scheme fraudster Nicholas Levene.
Elaine Turtle: Difficult times for landlords and tenants
This last 10 months has been difficult for everyone, one way or another, but for pension schemes with property it has been a particularly difficult time.
Claire Trott: Unhelpful scaremongering on tax-free cash
I spent several hours one morning this week poring over my old G60 manual to help work out some ‘scheme specific protected tax-free cash’ calculations in respect of some pre-2006 occupational pension scheme benefits for an adviser.
Elaine Turtle: Staveley case highlights advice need
It seems as if the SIPP sector has been waiting for the judgments on a number of court cases in recent years. As we get clarity on one, we still await another and these can have implications for not only how a SIPP firm operates, but on advisers and their clients.
Options unveils new Sharia SIPP in partnership deal
Options Pensions has launched a Sharia SIPP in partnership with Islamic investment group Wahed Invest.
Elaine Turtle: The in-specie question nears a solution
The recent judgment in the HMRC v SIPPchoice case, published in May, was in relation to tax relief on in-specie contributions. This case has been ongoing for a number of years and it would appear that we finally have resolution.