High Net Worth
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Sipp providers 'must try harder'

Self invested personal pension (Sipp) providers are failing to meet the standards expected of them by advisers, according to new research.

FSA admonished over Freedom Sipp closure

The Financial Services Authority (FSA) has received stern criticism for its involvement in the winding up of Freedom Sipp

Savvy savers only - Stadia launches RDR-ready Sipp

Stadia Trustees has become the latest self invested personal pension (Sipp) provider to launch a new product into the market.

Launch of web-based Sipp heralds 'a new dawn'

Chartered financial planning firm Informed Choice has launched a low cost, online self-invested personal pension (Sipp).

Freedom Sipp faces oblivion of HMRC windup

High Net Worth has discovered that the Freedom Sipp faces imminent deregistration and windup.

Credit crunch forces rethink of drawdown investments

The credit crunch is forcing financial advisers to rethink their approach to income drawdown and other risk-based products, according to responses to a survey of the income drawdown sector.

Variable annuities are not the only answer, say experts

The announcement that Hartford Life is to withdraw from the UK market has received mixed responses from industry specialists.

Hartford abandons four year third-way campaign

Hartford Life has suspended its retirement and investment business in the UK, citing turbulent markets as the catalyst.

Three is a magic number for Sipp and SSAS investors

Getting a decent rate for cash held in self-invested personal pensions (Sipps) or small self-administered schemes (SSASs) is difficult at the best of times, but compounded by the current environment. However, London & Country has launched a new account that offers a minimum of 3%.

They've got a whole load on their books

Friends Provident, the 177-year-old life company, has revealed it signed up the 750,000th company pension scheme member to its platform in December.

FSA considers laying down rules for Sipp transfers

The Financial Services Authority (FSA) claims it is not aware of the long-running problems with transferring a Sipp to a different provider, but warns it will issue guidance should it be presented with evidence of sloppy behaviour.

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Poll

Relationships with discretionary fund managers (DFMs) will become more important with IFAs as we move towards RDR.

  • Absolutely. Can't do it myself, so why not get a specialist to manage my investment process?
  • Yes, I intend to use DFMs when they are suitable for specific clients, but not across the board.
  • Not sure. I have mixed feelings about outsourcing the investment.
  • No, I've had bad experiences in the past and I'm not sure I would trust a DFM with my clients.
  • Over my dead body. You couldn't pay me to use a DFM.
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