FCA has published its finalised guidance for operators of Self Invested Personal Pensions (SIPP). The guidance focuses on FCA's expectations in relation to:

  • systems and controls;
  • client money;
  • management information;
  • conflicts of interest;
  • relationships with firms that advise and introduce prospective members;
  • due diligence; and
  • financial crime.

The guidance updates a 2009 guide. (Source: FCA Finalises SIPP Operator Guidance)