He has developed extensive experience and knowledge across all aspects of SIPPs including FCA and HMRC rules, drawdown and investments. Frequent dealing with financial advisers has built his understanding of their industry and needs.
Andy’s clients are principally financial advisers across the UK. He also deals with those involved with firms’ panel selection, other professionals, including at our panel investment providers, and media.
A FCA consultation proposed expanding the pool from which the FSCS draws the funds it uses to pay compensation. It proposed that 25% of the levy on financial advisers be paid by the providers of pension products. Results are in… providers to pay!
For years, the FSCS has been making hefty levies on financial advisers to compensate people after the fallout of what are essentially investment scams. The levies fall on those remaining in the industry.
While investment strategies need tailoring to your particular needs and risk profile, there are a few key concepts to bear in mind. We highlight some of the questions you may want to consider when constructing and reviewing an investment portfolio.