BBC's Panorama to probe UCIS in SIPPs

IFAonline understands that the BBC programme, due to be aired in March, will look at people being moved out of occupational pension schemes and schemes with the big name providers into more esoteric investments. The programme makers are looking at several companies offering SIPPs, some UCIS providers, and the providers of pension unlocking schemes. The focus is on "disaster situations" where investors have moved their pensions into investments such as UCIS without realising they were unregulated and have lost substantial amounts. Last week the Financial Services Authority (FSA) iss...