3% of IFAs believe regulation will kill Sipps

An IFAonline pensions strawpoll of 148 readers reveals 59%, or 88 respondents, believe the changes on the 6 April, which saw the Financial Services Authority (FSA) take over regulation of personal pensions, including Sipps and Small Self Administered Schemes (Ssas), will make adviser’s life more difficult. However, 49 readers, or 33% of the respondents, believe the new regulatory processes will improve the market, while 5%, or 7 readers, have no idea of the effect, although 4 readers, or 3% of the vote think regulation will kill the Sipp market. The results of the strawpoll follow comme...