The ever evolving SIPP

The SIPP market is experiencing growth, development, challenges and change all at the same time. Volatile market conditions, self investment of protected rights and discussions around the suitability issues when transferring to a SIPP are hot topics. On 29 September 2008 the FSA published a press release making it clear that they expect firms to ensure that suitable advice is provided on any transfer to a SIPP, including the transfer of existing protected rights from a personal pension. The release outlined clearly that the FSA expects firms to ensure any advice to transfer is suitable ...