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The much-vaunted Pensions Dashboard, a project to allow pensionholders to view all their pension savings in one place, will move a step forward next week as developers compete to build potential applications.
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.
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A-Day on 6 April 2006 ushered in a new taxation regime for pensions, under the heading of Pension Simplification (no sniggering at the back, please).
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The FOS has ruled against an IFA firm over a Sipps case, concluding that ‘unsuitable advice’ was given.
Sipps professionals have expressed sadness and surprise, while also expressing fears for clients, after the FCA revealed four firms had failed over new capital adequacy rules.
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