17 October 2023
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SIPP and SSAS Update October 2023

To The Point
(20 min read)

In this update we take a look at the key legal developments for SIPPs and SSASs over the past few months.  These include draft legislation on the abolition of the lifetime allowance, and the FCA's expectations of SIPP providers in relation to the Consumer Duty. We also take a look at some notable Pensions Ombudsman decisions, including one in which the Ombudsman upheld a pension provider's right to insist on members participating in a 15-20 minute telephone call before withdrawing funds from their pension scheme. 

Pensions dashboards
Pensions Ombudsman

To the Point 

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