The Association of Member-Directed Pension Schemes (AMPS), the industry body representing SIPP operators and SSAS practitioners, has today revealed Claire Trott of St James’s Place Group has been appointed as its new chairman.

The SIPP providers body AMPS (Association of Member-Directed Pension Schemes) has urged members to learn lessons from the implications of the recent Berkeley Burke SIPP court ruling but says the case is “no game changer.”

The AMPS conference in London today featured a warning on the increasing proliferation of  ‘ambulance chaser’ companies seeking to press claims against SIPP providers.

The FSCS has defended itself against suggestions it takes a punitive, enforcement approach against those firms deemed in default.