Comment & Blogs
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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I have been calling for reform of the regulatory framework for SIPPs almost from the time that SIPPs were first regulated in 2007.
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The dust is settling on George Osborne's pension proposals, and now that we have passed the tax year end and the Easter holidays I am sure we will see reams of research and, hopefully, product innovation.
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With all the recent chatter about drawdown reform, no one spotted that the Government would advocate unrestricted access to pension pots for all.
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Most weeks I have a range of subjects and deadlines to juggle, with the aim of producing whatever I have committed to in the form of articles or blogs by the stated deadlines.
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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.
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In his latest blog for Sipps Professional, Mike Morrison, head of platform technical at AJ Bell, tells readers what is on his mind this month, including how pensions simplification is perhaps not what it was supposed to be.
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Calls for a return of the "permitted investment list" for self-invested pensions (SIPPs, SSASs and QROPSs) continue.
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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.
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