There will be 'dismay' among those working in the Sipp sector, a key figure at Barnett Waddingham says, after an FCA fired a broadside over 'unacceptable' widespread failings.
The FCA has today sent a damning letter to all Sipp operators telling them there are still widespread failings which put consumers' pension savings at "considerable risk".
A pensions firm has reported the trend towards including commercial property in new Sipps has continued, with a further increase this year.
A SSAS and Sipps firm has appointed a new business development consultant in response to demand from advisers.
Influential Sipps figures, as well as financial advisers, have voiced support for a permitted list of Sipp investments in the face of growing Sipp regulation.
