AMPs interview: Capital adequacy- the right approach

clock

In January the Association of Member Directed Pension Schemes (AMPS) announced it would be reaching out to members following the FSA's consultation on capital adequacy. Chairman Andrew Roberts talks to Helen Morrissey about the issues the industry faces

How is AMPS engaging with the SIPP industry regarding the FSA's proposed capital adequacy requirements? The first part of our engagement programme was to launch a series of four roundtables across the UK for members. We wanted as many people as possible who are affected by CP12/33 to come and we had good take-up The first roundtable was held on the 8 January with the final one being completed on 23 January. The roundtables were held on the same day as the thematic review workshops being held by the FSA as we wanted people to get the most from the day as possible. It was really inte...

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

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

Transfer delays highlight need for ten-day Pension Switch Guarantee

Sahar Nazir
clock 29 April 2025 • 2 min read
Sipps: How clients can avoid common retirement planning mistakes

Sipps: How clients can avoid common retirement planning mistakes

'Retirement planning stands as a cornerstone of long-term financial well-being'

James Floyd
clock 28 April 2025 • 4 min read
Origo completes pensions dashboard connection

Origo completes pensions dashboard connection

Completed connection ahead of this week’s first deadline

Holly Roach
clock 28 April 2025 • 2 min read