Size does matter in the SIPP industry

Tougher regulation will certainly separate the men from the boys when it comes to the self-invested personal pension (SIPP) industry. While some providers will find it hard to meet the regulatory requirements necessary for survival, others will be well placed to take advantage of the opportunities this may create. Firstly, let us consider some of the rules and obligations facing providers. One of the main areas where there is increased complexity is that of reporting requirements. SIPP providers need to make the finance and resource available to not only put the necessary controls and...