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Elaine Turtle: People forget that Sipps are SELF invested

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Elaine Turtle of DP Pensions Elaine Turtle of DP Pensions
As we all know the FCA issued a consultation on the Financial Services Compensation Scheme (FSCS) funding under CP16/42 and this is under review. The last time these rules were reviewed was in March 2013.
Read 4479 times Last modified on Thursday, 13 April 2017 15:23

1 comment

  • Comment Link Martin Tilley Thursday, 13 April 2017 15:54 posted by Martin Tilley

    I would have to agree Elaine. I suspect however that it might be felt that the claims being paid now though are the result of investments being accepted pre 2013 by SIPP providers a few of whom should perhaps have known better and who sadly are no longer around to pay any levy in any event.

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