SIPP regulation has improved transparency - advisers

Skandia says the results show April’s SIPPs regulation has provided the industry with the transparency it demands. The survey also shows 43% say client confidence in SIPPs has improved while 52% have not seen a change. A total of 44% say the ability to compare SIPPs to other types of pension has not improved while 47% believe it has. However, regulation has come at a cost for some advisers. Almost a third says that the amount of time spent on compliance and administration has worsened under the new regime. A total of 90% count the level of control over investment strategy as i...