#12 Monitoring assets held within portfolios

Number 12 in a series of headscratchers about SIPP capital adequacy proposals

It could be difficult for a SIPP operator to determine the percentage of plans with Non-Standard Assets where assets may be traded without the intervention of the SIPP operator.  This may be the case for Discretionary Fund Managers.

For example, a SIPP operator may have hundreds of clients managed by the same DFM who may decide that every client of theirs should have a small exposure to a geared property fund.

This could materially increase the percentage of Non-Standard Assets which the SIPP operator will not be able to plan for.

 

I'd love to hear your thoughts

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s