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SIPP approval scheme launched
A new kitemark-style approval scheme for investments capable of being held in self-invested personal pension schemes (SIPPs) has been launched by SIPP Investment Platform Limited, a company set up by UK-based consultancy firms Intelligent Partnership and Enhance Support Solutions. The service will give SIPP providers and independent financial advisors (IFAs) an objective product governance audit trail as part of the distribution of these sort of investments. Speaking exclusively to OPP this week, Intelligent Partnership managing director Guy Tolhurst said that the new service has been set up in response to a growing wave of concerns from the UK’s government-backed regulator,… continue reading