A-Day - the sequel

We are now some four months away from what those working in the world of Sipps might well call A-Day II. I refer to 6 April 2007 - the implementation date for the FSA's new regime for the regulation of personal pensions, including Sipps. Details of the new regime were confirmed in the FSA's policy statement 2006/07, which runs to 156 pages and is not the easiest of reading material. However, as the contents are considered and reviewed, the potential impact for all those current and prospective operators of Sipps are starting to become clear. The new regime was heralded last year when the ...