FSA eases advisers' fears over SIPP review

Speaking at the Henry Stewart SIPP Masterclass in London, the FSA's Milton Cartwright says SIPP providers should be taking an interest in the quality of business they administer, and this will sometimes involve speaking to advisers about specific cases. Milton, manager of pensions and other products at the FSA, says: "There was some confusion during our small SIPP review, where it was suggested we expect providers to be overseeing the advice process. This is not true." However, he says SIPP operators should ensure they communicate with advisers, particularly where there have been unu...