A self-invested personal pension, or SIPP is a flexible retirement investment option. It is designed specifically for those who want to manage their own fund and make their own investment decisions.
Latest Industry Insights
The Financial Conduct Authority has given the go ahead for the Financial Ombudsman Service’s compensation limit to increase to £375,000. At the moment the Fos is limited to awarding compensation to a maximum of £350,000 but the regulator has increased this once again. From April 1 2022, the Fos award limits will change to £375,000 for […]
In its ruling, the FOS pointed to FCA guidance that firms making introductions to third parties cannot afford to ignore! A recent complaint case upheld by the FOS found that a Sipp provider failed to carry out due diligence when accepting a Sipp application, and to verify the integrity of the firm that introduced the […]