Three things we learned this week

FSA probe uncovers SIPP operator failings A Financial Services Authority (FSA) thematic review has uncovered widespread failings among self-invested personal pension (SIPP) operators. There is a poor understanding among firms' senior management of regulatory requirements and their individual responsibilities, the FSA said. Among a raft of failings, the regulator also said there remains a "prevalent" perception among operators that they bear little or no responsibility for the quality of the SIPP business that they administer. To read more click HERE Women fall £30,000 behind ...