Sweeping changes

clock

Martin O'Gorman takes a look at the effect SIPP regulation is having on the adviser community

The changes introduced at A-Day were the key catalyst for growth in the SIPP market. In the run up to the new simplified regime pension providers and advisers geared themselves up to take advantage of the relaxation of the benefits regime and the extension of investment freedom that was promised. Despite the consternation caused by a number of u-turns in the legislative process since 6th April 2006, interest in pensions still remains buoyant. This is particularly true of the SIPP market. The advent of FSA regulation in this market has yet to create much of an impact with over 250,000 cont...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Retirees feel regret after rushing to take out tax-free cash

Retirees feel regret after rushing to take out tax-free cash

Chancellor urged to provide earlier clarity ahead of 2026 budget

Isabel Baxter
clock 02 July 2026 • 3 min read
Third Financial launches white-labelled SIPP

Third Financial launches white-labelled SIPP

Titan Wealth first client to use service

Jenna Brown
clock 29 June 2026 • 1 min read
Environmental due diligence for SIPP/SSAS is as important as ever

Environmental due diligence for SIPP/SSAS is as important as ever

Environmental due diligence isn't just a ‘tick-box'

Caitlin Southall
clock 29 June 2026 • 4 min read