Ban unregulated SIPP investments and pension introducers, say advisers

The survey found that more than seven in 10 advisers (71%) think the FCA should ban unregulated investments in self-invested personal pensions (SIPP) and that nearly nine in 10 (86%) want the regulator to ban unregulated pension introducers. That result is even higher amongst mass market advisers, with 77% of those wanting unregulated investments to be banned and 94% call for a ban on unregulated introducers. The survey of 350 UK financial advisers was conducted in September last year, and saw advisers taking a harder stance on high-risk SIPP investments, given that only 40% of advise...