“It might be more complex to chastise a provider for future underperformance and this could really have a huge impact not just on Sipps, but across the whole of the financial services market.
“In the other, no real title to an actual asset was acquired for the release of funds and here the level of due diligence undertaken and quality of administration are questions still unanswered.
“Once settled, we can hopefully move the sector forward and draw a line under past and now historic issues.”
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