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.