Sipp client fears as sector awaits FCA action over failing firms

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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4 Sipp operators fail on FCA capital adequacy rules

The FCA has revealed that four Sipp operators have failed to meet the requirements of the new capital adequacy rules.

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'No hiding place for Sipp firms over new FCA rules'

There is no hiding place for businesses failing to meet the new capital adequacy rules, a Sipp firm managing director says.

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Planner's fear over new Sipp rules taking effect this week

A Chartered Financial Planner has expressed fears over ‘unintended consequences’ of the new capital adequacy regime for Sipp firms, ahead of its implementation in two days.

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