Hold up: How SIPP reforms may be further off than you think

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The FCA recently announced further delays to SIPP reforms. Fiona Murphy takes a look at what this means for SIPP operators and advisers.

The Financial Conduct Authority recently said it is 'mindful' of industry feedback on the treatment of commercial property as a non-standard asset for self-invested personal pensions (SIPP) capital adequacy. Speaking at the Association of Member-Directed Pension Schemes (AMPS)'s annual conference Financial Conduct Authority director of long-term savings and pensions Nick Poyntz-Wright confirmed the regulator was taking into account industry views. These views had argued against the recommendation that commercial property should be treated as a non-standard asset. He said: "We are taki...

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