Small Sipp firms are failing TCF test

Pow, Helen
September 2009
Money Marketing;9/10/2009, p8
The article reports on the findings of the Financial Services Authority's (FSA) review regarding the treatment of Self-Invested Personal Pension (SIPP) providers to their customers in Great Britain. It states that the FSA revealed that SIPP operators failed to treat their customers fairly in administering their SIPP. It indicates that the regulator found that some providers mistakenly believed the responsibility for the quality of the SIPP services they administer lies with advisers.


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