The Financial Services Authority (FSA) has proposed to force self-invested personal pension (SIPP) providers to adhere to the same disclosure standards regardless of the assets their schemes hold.
The Financial Services Consumer Panel (FSCP) has questioned the FSA's decision to scrap the costs Menu and Initial Disclosure Document (IDD).
I wonder how open advisers are leaving themselves with problems by mixing up non-regulated sales and non-regulated advice.
This story has been updated and substantially altered, following new information from the Association of IFAs.