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Sipps

Law firm calls for urgent review of SIPP provider liability

Tax & Regulation | 6 Jul 15

Law firm calls for urgent review of SIPP provider liability

SIPP providers should be held fully accountable where an investor has not taken financial advice, a law firm has said in a letter to the chief of the Financial Conduct Authority (FCA).

SIPP provider burden eased in new rule change

Retirement | 8 Jun 15

SIPP provider burden eased in new rule change

The Financial Conduct Authority has succumbed to pressure from SIPP providers to make the calculation of capital easier and less costly when new rules comes into force in September next year.

FSCS boss urges advisers to suggest fairer levy system

Tax & Regulation | 4 Jun 15

FSCS boss urges advisers to suggest fairer levy system

The boss of the Financial Services Compensation Scheme has urged financial advisers to help the regulators identify ways of making the allocation of levies fairer.

Holborn adviser faces UK ban for UCIS mis-selling

Middle East | 20 May 15

Holborn adviser faces UK ban for UCIS mis-selling

A financial adviser currently employed by Holborn Assets in the UAE has been fined and banned in the UK after the Financial Conduct Authority found him guilty of knowingly recommending inappropriate, high risk products to retail clients.

UK Ombudsman reports rise in SIPP complaints

Investment | 19 May 15

UK Ombudsman reports rise in SIPP complaints

The UK’s Financial Ombudsman Service (FOS) has reported only a slight rise in complaints about investment-linked products in the latest financial year, but said there had been a significant increase in problems reported by people with self-invested personal pensions (SIPPs).

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.