The past year has been a turbulent one for the SIPP market with much confusion as to the responsibilities being placed on advisers and providers. According to Billy Mackay the time has come to bring clarification to the market
It seems that SIPPs are destined to remain in the spotlight for the foreseeable future. The FSA’s thematic work and review of small SIPP providers has provided the speculators and the fans of gossip with new material. Looking up ‘gossip’ on the thesaurus on my PC, I see that alternative words include rumour, hearsay and tittle-tattle. Some of the recent speculation and commentary has been just that. Understanding the events of the last year should allow us to put the tittle-tattle aside and focus on the facts. September 2008 On 29th September 2008 the FSA published a press release m...
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