Possible adviser risks means Aifa doesn't oppose sipp U-turn

Fay Goddard, deputy director general of the Aifa, says although the late decision has taken many people by surprise and caused consternation, with many IFA firms, life offices and other stakeholders investing considerable time and money in preparation for the new investment regime, she said AIFA had to consider why the government felt it necessary to make the U-turn. She says: “While we recognise there will be some disappointment in some quarters over this decision, there has been growing concern over the media focus and marketing tactics of certain companies, particularly those outside ...