AMPS interview: A more proactive approach

clock •

Association of Member Directed Pensions Schemes(AMPS) chairman Neil MacGillivray talks to Helen Morrissey about the challenges facing the industry as well as his plans for his tenure.

Neil MacGillivray takes over the reins as AMPS chairman during a particularly challenging time for the SIPP industry. As providers grapple with issues such as pensions liberation they have also been hit with a third thematic review from the FCA. The industry also awaits the outcome of a consultation on capital adequacy, the results of which could force some providers to leave the marketplace. MacGillivray discusses the impact of these issues along with his plans for AMPS during his two year tenure. HM: We were expecting an FCA response to the capital adequacy consultation at the end o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pension Lab processes more than one million digital LoAs

Pension Lab processes more than one million digital LoAs

Challenge around ‘standards for consistency’

Sophia Panayi
clock 06 November 2026 • 1 min read
DWP, TPR and FCA launch consultation on guided retirement to help 'resurrect' pensions

DWP, TPR and FCA launch consultation on guided retirement to help 'resurrect' pensions

Consultation covers how default pensions should work in practice

Holly Roach
clock 03 November 2026 • 6 min read
Do clients already own the best retirement portfolio?

Do clients already own the best retirement portfolio?

'Feeling safer and being safer aren't the same thing'

Alex Funk
clock 29 October 2026 • 4 min read