Big Sipp firms wary of taking over small operators

Pow, Helen
September 2009
Money Marketing;9/17/2009, p7
The article focuses on the hesitation of big self-invested personal pension (SIPP) providers to purchase smaller firms that offer a wide range of investments in Great Britain. The recent investigation of Financial Services Authority (FSA) reports that small firms have failed to meet their regulatory obligations, especially in terms of fair customer relations. The investigation has prompted industry experts to predict a consolidation in the sector.


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