The head of a pensions body has pledged to work with regulators to “restore confidence” in SSAS.
The Association of Member-Directed Pension Schemes (AMPS), the body representing SIPP operators and SSAS practitioners, has voiced concerns about introducing a product levy to fund the FSCS and says the role of advice in causing later claims needs to be studied.
A former director at Suffolk Life has predicted a “very rosy future” for the Sipp sector, in particular providers that offer a more personalised, bespoke service.
The chairman of the Association of Member Directed Pension Schemes will step down tomorrow.
A former chairman of AMPS has died after a long battle with cancer.
In its response to the government’s tax relief proposals, the Association of Member-Directed Pension Schemes (AMPS) has voiced a number concerns.
The FCA has proposed changes to the new capital adequacy rules - including a relaxation of the frequency of calculating AUA - which it says will reduce firms’ compliance costs.
I have spent a lot of time over the last few months speaking to financial advisers about the opportunities and risks created by the new freedom and choice in pensions due to come into effect from 6 April.
A leading pensions body has insisted its members still believe the new capital adequacy rules for Sipp firms are "flawed" despite failing with its attempt to bring a Judicial Review.
The Association of Member-Directed Pension Schemes has failed with its attempt to bring a Judicial Review concerning the new capital adequacy rules, it has just been revealed.
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