SIPP due diligence: Six killer questions advisers should ask

Time for some due diligence perspective...

clock • 4 min read

Incoming SIPP capital adequacy rules have heightened due diligence calls on providers. But, as Mark Canning explains, capital held is just one important factor to consider

As September approaches self-invested personal pension (SIPP) providers are getting their houses in order.  Many have announced that they already meet the regulator's new capital adequacy regulations (which come into force on 1 September) but, even with all this good news, I suspect the number of due diligence requests will continue. This level of scrutiny is great news for the SIPP market, but it's important we inspect more than just the capital held. Having spent a number of years (in a former life) being responsible for assessing provider propositions and financial strength, I feel...

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

Bridging the generational pension confidence gap

Bridging the generational pension confidence gap

'The knowledge gap is universal'

Robert Cochran
clock 27 November 2025 • 5 min read
Warnings of 'damaging' pre-Budget pension speculation impact

Warnings of 'damaging' pre-Budget pension speculation impact

Commentators say speculation on pension issues has negatively impacted saver confidence

Jasmine Urquhart
clock 27 November 2025 • 3 min read
No change to tax-free lump sum is 'welcome' move

No change to tax-free lump sum is 'welcome' move

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

Holly Roach
clock 27 November 2025 • 3 min read