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)
