The Financial Conduct Authority (FCA) has written to Self-Invested Personal Pension (SIPP) providers to request information on the non-standard investments (NSI) they hold and any advisers recommending them.
In a note seen by Professional Adviser, the regulator said it is requesting the information because it wants to understand the level and type of NSIs held within SIPPs and discretionary fund managers in...
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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