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There is likely to be a further delay to the Sipps capital adequacy consultation, the annual conference of AMPs - the providers' association - heard this week.
The FCA has warned that some firms offering consumers 'free pension reviews' are using Sipps and SSAS to transfer people into high risk unregulated investments.
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.
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Despite a rise in overall complaints, the Financial Ombudsman says that the number of complaints it handled on pensions and investments for the year to March fell from 19,834 to 15,938.
The Financial Ombudsman is set to release figures tomorrow showing a rise of approximately 50% in the number of Sipp complaints it has received in the past year, with growing concerns about Ucis.
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