SIPP disclosure changes could disrupt RDR execution - Aegon

The provider said it broadly supports the planned changes by the Financial Services Authority (FSA), which would bring non-insured SIPP assets into the key features illustration disclosure regime. But warned the same systems are already being amended to reflect RDR requirements. It said, in particular, complex changes are being made to key features Illustrations and yearly statements to show the effect of adviser and consultancy charges Aegon said adding another layer of changes for implementation by the end of the year would create "major practical challenges and significant implemen...