Choosing a drawdown provider: Your due diligence checklist

The third thematic review of SIPP operators is well underway and we await publication of the findings to see how the Financial Conduct Authority views providers in comparison to the Financial Services Authority's previous view. There is unlikely to be a definitive answer and, although there will be fallout and some providers may no longer want to or be able to operate in this space, there will still be significant choice. One provider is unlikely to suit all your clients' needs and, therefore, a panelling process is a good way to ensure you have the choice without needing to look at e...