Playing the SIPP waiting game

SIPPS

clock

With the FCA announcing the postponement of its policy statement on SIPP capital adequacy requirements, Barnett Waddingham's Andy Leggett assesses the current state of play.

We learned recently that the Serious Fraud Office (SFO) is investigating two cases of fraudulent investments, with the suspicion that much of the money invested has been via SIPPs. What should we make of that? While on one level it is obviously bad news and there is a risk of it tarnishing the name of self-invested personal pensions (SIPPs), I also see a lot of good in the news – and a lot of further potential good in it, too. Arguably, the key thing that concerned the Financial Services Authority (FSA) about the SIPP industry was the explosion that happened in certain sorts of non-st...

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

PCLS after age 75: Addressing a common misconception

PCLS after age 75: Addressing a common misconception

Pension legislation does not impose an upper age limit on the payment of PCLS

Caitlin Southall
clock 14 August 2026 • 4 min read
The AI ship has sailed and pension providers are still sitting on the shore

The AI ship has sailed and pension providers are still sitting on the shore

'The AI interface has arrived'

Jonathan Lister Parsons
clock 13 August 2026 • 6 min read
CRM integration project highlights AI-powered innovation potential

CRM integration project highlights AI-powered innovation potential

Project reflects a broader shift in adviser technology

Joe Power
clock 04 August 2026 • 3 min read