![]() |
On 1 August 2011 the Financial Services Authority (FSA) published its Platforms Policy Paper PS11/09. |
According to independent financial research company Defaqto, this paper will have a wider-reaching impact and indicates how the FSA may approach Self-Invested Personal Pension (SIPP) providers in light of the Retail Distribution Review (RDR).
Andy Leggett, Defaqto's Insight Analyst for Wealth Management, said:
"Although this policy paper dealt specifically with the platforms industry, there is a natural read-across to SIPPs and the potential implications are significant.
"SIPP providers will have to look at the sources of their revenue streams, and SIPP pricing is likely to have to change as a result. Some sources of revenue could disappear altogether and in any event much greater disclosure will be required. In addition, the increasingly complex pricing of many SIPPs makes for a lack of transparency, which will sit poorly with the FSA's approach to the RDR."
|
|
|
|
Capital excellence in the capital - S... | ||
London - Negotiable |
Life Reinsurance Associate - Bermuda | ||
Bermuda - Negotiable |
Life Reinsurance Director - Bermuda | ||
Bermuda - Negotiable |
Scotland - the price is right! | ||
Scotland / hybrid 2-3 dpw office-based - Negotiable |
Projects Actuary | ||
South East / hybrid 1-2 dpm office-based - Negotiable |
Technical Business Analyst - Internat... | ||
Bermuda - Negotiable |
Senior Pensions Manager - Assurance | ||
Flexible / hybrid 2-3 days p/w office-based - Negotiable |
Head of Pricing | ||
London - Negotiable |
Consultancy Bonanza! | ||
UK-wide / London / hybrid - Negotiable |
Service Delivery Manager - Pensions | ||
Scotland / remote / 2 dpm in the office - Negotiable |
Life Actuarial Student – Risk | ||
Glasgow / hybrid 2 dpw office-based - Negotiable |
ALM Strategy Specialist | ||
Bermuda - Negotiable |
Senior Casualty Reinsurance Actuary | ||
London - £140,000 Per Annum |
Senior Pensions Administrator - Midlands | ||
Birmingham / hybrid - Negotiable |
Senior Pensions Administrator - Scotland | ||
Scotland / hybrid 2 days per month office-based - Negotiable |
Investment Analyst | ||
South East / hybrid - Negotiable |
International Capital Management Actuary | ||
Bermuda - Negotiable |
VP Reserving Actuary | ||
London - £150,000 Per Annum |
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.