Head to Head: Should a permitted investment list be reinstated for SIPP providers?

YES John Moret, principal, MoretoSIPPs In the 25 years since the first SIPP was launched, there have been several different approaches to the regulation of investments within them. From outset until 1998, there was no guidance other than that included in Joint Office Memorandum 101. What was allowable was down to the provider to interpret, which, in turn, often led to an enquiry to the Inland Revenue (IR) as to what was allowable. In 1998, the SIPP Provider Group (which later morphed into AMPs) agreed a list with the IR which became the accepted list - at least until 2001, when...