SIPPs: Providers split over final capital adequacy proposals

SIPP logoNearly two years after the original capital adequacy proposals the Financial Conduct Authority has now released their final rules. Most people agree the new rules are a ‘watered-down’ version of those first proposed:   Many SIPP providers, although not all will have to reserve far less capital than they originally thought UK commercial property, as well as other assets such as UK bank accounts, will now be treated as ‘standard assets’ The surcharge for taking in ‘non-standard’ assets will now be based on the number of SIPPs managed rather than the value of assets So ...

SIPPs: Liberty in two year price freeze

icecube with pound symbol insideLiberty SIPP has announced a two-year price freeze on the annual fee for their Option SIPP. The move, which is unusual amongst SIPP providers, will mean that the annual fee for the Liberty Option SIPP will remain at just £150 until April 2016. The Option SIPP was launched in November 2013 when Liberty streamlined their range of existing SIPP products....

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: Liberty to launch new SIPP

Liberty SIPP 150pxLiberty has announced the launch of a new Self-Invested Pension Plan (SIPP). The Liberty Option SIPP is designed to reduce complexity and make life easier for clients and advisers alike. Speaking to Investment Sense, John Fox, Managing Director of Liberty said: “Our aim is to be able to fit our fee schedule on the back of a business card, it needs to be that simple and easy to understand.” John continued: “The key feature of the new Option SIPP is one of fairness; investors will ...