IFAs unsure how FSA regulation affects SIPPs

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MORE then half of independent financial advisors in the UK are unsure how Financial Services Authority regulation affects self-invested personal pensions, a survey by Merchant Investors shows.

A total of 58pc of advisers polled in the weeks following April 6 – the date the FSA took over the regulation of SIPPs – said they felt unsure about what regulation meant for the product. When a...

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