View more on these topics

Amps to form platform sub-committee

The Association of Member-directed Pension Schemes is forming a platform sub-committee to reflect anticipated growth in the market.

The Sipp and SSAS provider trade body says the sub-committee is being established to reflect the increasing importance of platforms in the pensions sector.

The sub-committee will be chaired by James Hay head of technical support Neil MacGillivray.

Amps chairman Andrew Roberts says: “With the implementation of RDR less than 12 months away the platform market looks set to grow considerably and one of the drivers of this will be pensions.

“As a committee we have become concerned that there has been a great deal of debate on Sipps, their suitability and the charges associated with them.

“We are forming a sub-committee so that we can benefit from the huge knowledge base and experience of our member firms.”



Martin Bamford: Is the IFA model ever scalable?

Lunchtime recently saw us trying to work out why no IFA firm has ever successfully scaled its business in the UK. We could only think of three that have a truly national brand and quickly discounted all three for similar reasons – one is predominantly an execution-only business with a small advice arm, another is […]

FSA fees to fall for advisers

Most advisers will see their FSA fees fall by 3 per cent in 2012/13 despite an overall 16 per cent increase in FSA funding.The regulator published its consultation paper on fees and levies for 2012/13 last week. It proposes increasing its annual costs from £500.5m this year to £578.4m for 2012/13, following a 10 per […]

Guide to advice service offering online directory

A new online directory has been launched covering independent, restricted and simplified advice firms, plus money coaching and execution-only services. Guide to Advice is a portal for consumers and financial services professionals which provides information about advisers’ propositions and a rating based on each website’s functionality and usability. The service has been set up by […]

US government waters down Fatca requirements

The US government has significantly watered down its Foreign Account Tax Compliance Act requirements. Alongside new draft Fatca proposals, the US Treasury has released a joint statement with the UK, France, Germany, Italy and Spain expressing mutual intent to pursue a government-to-government framework for implementing the act. As part of the agreement, firms which only […]


News and expert analysis straight to your inbox

Sign up


There are 2 comments at the moment, we would love to hear your opinion too.

  1. Phew, I can sleep well in my bed knowing that a sub committee has been formed. All my pension fears laid to rest.

    what a lucky industry we are to have these insightful people.

  2. All your pension are belong to us.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm