Advisers and providers dealing with self-invested pensions must be on their guard as claims management companies focus more of their attention on the market, delegates heard.
TLT litigation specialist and partner Paul Gair said claims management firms were shifting their attention towards self-invested personal pensions (SIPP) as the deadline for payment protection insurance cases approached. Speaking at the Association of Member-Directed Pension Scheme (AMPS) conference on 22 May, Gair, from law firm TLT which works to defend advisers and providers, said the claims management industry was "visibly trawling for prospective clients" in the self-invested market. "Both Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) complai...
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