Suffolk Life revises SIPP due diligence guide

The SIPP provider said its two-year old due diligence had been brought up to date to cover more relevant issues, such as levels of capital and profitability, client money and other controls, commitment to the future and their disaster recovery plan. Greg Kingston, head of marketing, said SIPPs can be in place for decades so it was essential advisers were confident about their decision making process. "We have spoken to advisers to learn what is really important to them in the current environment and updated our due diligence guide accordingly. As expected, at the forefront of everyone...