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Advisers get £36m extra FSCS bill for Sipps and £50m refund

Advisers categorised as pensions and life intermediaries face paying an extra £36m to the FSCS next year due to rising cost of Sipps.
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Sipp firms offering NSIs may exit market, says director

Sipp providers that still accept non-standard investments will exit the market or will have to raise fees in future, a Sipp firm director has suggested.
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Sipp firms: Demand for non-standard investments despite ban

Sipp specialists say there is still an appetite and a place for non-standard investments, after James Hay banned them for new customers.
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'Fairness threat': Retiree income surges as non-retired falls

The income for retired households has grown by 13% since the financial crash of 2008.
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James Hay bans new Non-Standard Investments

James Hay has revealed it is banning a long list of Non-Standard Investments for new customers.
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  1. Firm ordered to pay out over 'incorrect' pension valuation
  2. Sipp body reveals trio of Lifetime Members and new chair
  3. Pension transfer values rose 15% by end of year
  4. The Pension Advisory Service launches pension scam tool

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