Estimated 5.3 million people owning SIPPs in UK
Available for advisers on the Quilter platform
Could ‘undermine’ the aims of targeted support
Financial advisers concerned that high earners lack clear wealth strategies
FOI request shows just 19 firms signed up for FCA’s Pre-Application Support Service
Dissatisfied with communication, trust and adviser/client relationship
Claims will be moving to processing teams for assessment
Distribution and investment management functions merge
Driven by resurgence in deals worth more than £1bn