All change in the SIPP world

Commuters will be familiar with the call of the train conductor when the service reaches the end of the line and we could be hearing a similar call from some self invested personal pension (SIPP) providers in the coming months. As the Financial Conduct Authority (FCA)‘s new capital adequacy proposals are considered, all SIPP providers will be assessing their ability to meet the new requirements by the regulators enforced deadline. Some of the financially stronger firms will be able to meet the requirements from current resources or internal capital raising exercises while others may l...