SIPPs: Hopes and fears for 2014

Our financial wish list  6 things we’d like to see change in 2014 150px2014 will be a big year for the self-invested pension industry; the Financial Conduct Authority (FCA) is due to release its final proposals for capital adequacy requirements for SIPP (Self-Invested Personal Pension) providers, further consolidation is expected, whilst the spectre of poorly performing unregulated investments continues to cast a cloud over certain providers. We’ve asked leading figures for their hopes and fears for 2014. What are the key issues? ...

SIPPs: SIPP providers, interest rates and cash accounts – the debate continues

HiResSIPPs (Self-Invested Personal Pensions) are big business in the UK with more than one million in existence. Investors would be forgiven for thinking that SIPP providers make the majority of their income from the fees paid by investors. For many SIPP providers that is indeed the case, but some take a cut of the interest paid on the mandated SIPP bank account, which is designed to move money between investments, receive contributions, pay income and hold money in the ...

SIPPs: Leading SIPP provider calls for action to prevent investment losses

One of the leading SIPP providers in the UK has called for action to be taken to prevent investors losing money in risky or even fraudulent investment schemes. In comments made to FT Adviser , an industry publication, AJ Bell, which runs the popular Sippcentre and Sippdeal SIPPs has suggested that the FSA (Financial Services Authority) and HMRC should consider moving back to a system of listing permitted investments for SIPPs (Self Invested Personal Pensions). Permitted list of SIPP investments Prior to April 2006 a permitted list of investments which SIPP providers could consider was in place. ...