SIPPs: FCA quizzes SIPP providers

Question mark 2_istockThe FCA (Financial Conduct Authority) has asked SIPP (Self-Invested Personal Pension) providers a series of further questions as it finalises the new capital adequacy rules. According to reports in FTAdviser, the new regulator, who has recently taken over from the FSA (Financial Services Authority), has requested further information from SIPP providers, including details of the types of assets the SIPP provider will allow, the amount held in each type of investment, as well as details of the level of ...