Laura Miller takes stock of a troubled SIPP market
SIPP claims predicted to rise
Consolidation in the SIPP market continues
How do you pick up the pieces from another adviser’s poor service?
A financial advice firm that tried to challenge the Financial Ombudsman Service (FOS) in the High Court over a ruling on pension advice has had its case thrown out.
A further review of the funding model for the Financial Services Compensation Scheme (FSCS) - scheduled to begin later this year - will focus on making the system fairer for IFAs, the Financial Conduct Authority (FCA) told MPs today.
The Pension Ombudsman Service (POS) has dismissed a complaint against self-invested personal pension (SIPP) provider Berkley Burke, ruling it was not the firm's responsibility to carry out detailed due diligence on unregulated investments.
Self-invested personal pensions (SIPP) have failed to properly disclose retained interest charges linked to cash accounts and now face stricter regulatory rules.