Consumer panel concerned over drawdown proliferation and rush to self-invested pensions.
Letter sent to Sipp investors advising them of tax implications of blunder.
Sipps firms warn of need for level playing field with overseas pensions and self-administered schemes.
Awareness increases, but so does expectation of government responsibility for retirement provision.
Sipp firm reports adjusted operating profit of £2.5m for the first half of 2014, down from £3.4m a year ago.
Firm will also take over administration of defined benefit and defined contribution schemes.
Analysis & Opinion
More on Sipps & Ssas
Week in Brief: Barclays report suggests minimum client pot up to £150,000, while debate rages over fees.
Aug 22, 2014
“In the life and pensions intermediation sector there is a risk because of Sipp provider claims”, FSCS boss says.
Aug 20, 2014
Research by the firm shows that 62 per cent are of advisers are seeing a rise in set up fees.
Aug 11, 2014
Dentons believes revised FCA estimate that 10 per cent of firms will be forced to exit is an underestimate.
Aug 11, 2014
Second Sipp provider deal since publication of the new capital adequacy rules paper.
Aug 08, 2014
Dentons says due diligence suggests new Sipp book will not have “adverse implications in respect of the new capital adequacy requirements”.
Aug 05, 2014
Trade body states evidence from all but two consultation responses showed little support for asset calculation.
Aug 04, 2014
Market View: Providers have broadly welcomed the proposals, though questions remain over illiquid investments.