Pension disclosure regime obstructs good advice - Skandia

clock

The FSA needs to do its own work to ensure clients receive good pensions advice following its criticism of adviser firms last week, Skandia says.

Following an FSA report, which suggested some advice firms were unnecessarily switching clients from a personal pension into pricey SIPPs, Skandia says most advisers recognise that SIPP are not suitable...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Stephen Lowe: Why we need to see a trial for automatic Pension Wise guidance

Stephen Lowe: Why we need to see a trial for automatic Pension Wise guidance

Government should commission a trial

Stephen Lowe
clock 24 January 2022 • 4 min read
Rob Barker, managing director UK savings and retirement at AFA

Aviva Financial Advice expands into annuities

'Holistic view of retirement needs'

clock 24 January 2022 • 3 min read
Steve Webb

Three million pensioners hold all ISA savings in cash - FOI data

4,4% of spending power lost

clock 21 January 2022 • 1 min read