About the Event

The SIPP market continues to grow. Industry estimates indicate that total assets invested comfortably exceed £100billion and that the one million SIPPs milestone will be passed in the first half of 2013. But the challenges to providers and advisers active in this market are also increasing as a consequence of the volume of changes in legislation and regulations, both in force and planned.

SIPP propositions are increasing in both number and diversity.  The available options at retirement are expanding, providing both product providers and advisors with new opportunities. The Chancellor’s Autumn Statement, for example, announced that changes are planned to the pensions’ tax regime – including income drawdown.

The market is increasingly complex. There is no let-up in Government driven activity following the start of auto-enrolment, action to facilitate transfers and increased pressure on pricing. There is also the longer term potential for changes to ‘pensions’ taxation’.

The continuing focus on enhancing the client experience at retirement through greater visibility of OMOs and access to advice is sure to continue and will now have to accommodate ‘gender neutrality’.  In addition, from April 2013, a new and controversial FSA disclosure regime for SIPPs will be introduced.  Operators also have to take into account the FSA’s feedback following its ‘thematic review’, a development that could present particular problems for smaller operators and competitive advantages for their larger competitors.  Those issues are likely to be compounded by proposals in the recent FSA consultative document on new capital requirements for SIPP operators.  Indeed the FSA has suggested that if implemented the proposals will lead to a reduction in the number of SIPP operators, which in turn could trigger the much predicted consolidation of SIPP providers.

The responsibilities of providers (particularly with respect to the suitability of investments) and the monitoring of advisers are bound to become more onerous.  In short: this post RDR world is an ideal business environment for all those with high levels of professional expertise and creativity. This is a time when competent professionals can reap the rewards of hard won knowledge and expertise. 

This professional briefing is for all those involved with SIPPs and Retirement Options. It provides an unequalled opportunity, in just one day, to be updated on all important developments in this rapidly changing market. It’s designed for professionals, whether advising clients, managing investments, running SIPPs or developing new products and strategies. It delivers an ideal combination of essential subject matter, experts addressing all the relevant issues and invaluable peer group networking.

All speaker contributions contain high level technical content and allow ample time for questions and discussion. Full documentation will be provided to all participants

An absolutely essential event for every professional involved in SIPPs and Retirement Options, including independent financial advisers, pension consultants, investment and wealth managers, pension and platform providers, trustees and actuaries.