SIPPs: Provider freezes SIPP fees for a year

SIPPs: Provider freezes SIPP fees for a yearAmid speculation that Self-Invested Personal Pension (SIPP) fees will have to rise following the Financial Conduct Authority’s (FCA) latest review of the industry, one provider has announced that their fees won’t change for the next 12 months. Xafinity has announced they will be freezing their SIPP fees on both their Full SIPP and SimplySIPP products until September 2015. SIPP fee rises Need advice ...

SIPPs: Is your SIPP provider about to cut your investment options?

Is your SIPP provider about to cut your investment optionsA clue to the attraction of a Self-Invested Personal Pension (SIPP) is in the name; self-investment, which allows investors to have a wider choice, greater flexibility and more control. Until now perhaps. Many of the reasons investors are attracted to SIPPs could be seriously undermined if a recent trend towards more restrictive investment choices continues. What’s changing? Many SIPP providers, although not all, are restricting the types of investments whey will allow members to hold within their SIPP....

SIPPs: Taylor Patterson cut fees for SIPP property transfers

SIPPs: Taylor Patterson cut fees for SIPP property transfersMany investors, often because of poor service, which is unfortunately becoming increasingly common, lack of flexibility or high are now considering moving to a new SIPP provider. Transferring your SIPP (Self-Invested Personal Pension) generally incurs costs; exit fees, initial charges, and so on; in most cases these are generally not prohibitive. But it’s a different story if you hold a commercial property. Contact ...

SIPPs: FCA announce final rules – victory on commercial property, but higher fees for some SIPP investors?

FailedIt’s been nearly two years since the Financial Services Authority (FSA) issued a paper proposing new regulatory capital requirements for SIPP (Self-Invested Personal Pension) providers. Since then we’ve had a prolonged period of consultation, numerous delays, a change in regulator and much debate over how the proposals will affect both SIPP providers and members. However, the Financial Conduct Authority (FCA) has now released the final rules and confirmed they will come into effect from 1st September 2016....