SIPP provider due diligence 'more important than ever' - Dentons Pensions

Speaking to the almost 100-strong audience this morning, the Dentons Pensions technical sales director (pictured) said there were several factors advisers should consider when going through their due-diligence process. Advisers needed to consider capital adequacy when working with a self invested personal pension (SIPP) provider, he said, as he reminded delegates all providers were required to hold a minimum level of capital. McPhillips also argued that, if a provider had large exposure to non-standard investments, then in theory they should hold a higher level of capital adequacy to ...