The number of advisers who want a ban on interest skimming from self-invested personal pension (SIPP) assets held in cash accounts by providers almost doubled between January and June, according to Momentum Pensions research.
Dubbed as the SIPP industry's 'dirty little secret', interest skimming involves SIPP operators taking interest off the top of clients' assets held in bank accounts without stating it outright as a product...
Feasibility study due
'Let’s be bold enough to demand change'
Joint life second death option added to relieve tax burden on couples gifting assets
Backed by Schroders, LGIM and the IA
New system for funds without without three-year track record