SIPP Capital Adequacy predictions
At the AMPS conference, Nick Pointz-Wright of FCA gave a short address during which he provided some snippets about the progress of the SIPP capital adeuacy rules, first proposed in […]
Category Archives: SIPP
How to fill the 24bn pension loophole
Budget 2014 contained some (sorry to be cliché) radical pension reforms, and the Telegraph has picked up on an obvious flaw in the plan, something spotted by me and everyone else […]
12 months on
A year ago today, the SIPP industry mouthed a collective ‘wow’ as the FSA announced its radical proposals for increasing the amount of capital that a business should hold in […]
The most “popular” headscratchers …
We ordered the headscratchers so that those higher up on the list are of most importance (some of the latter ones were practical issues, which are important but could have […]
AMPS Response to CP12/33
20130221 AMPS Response to CP12x33 This is what I have been working on for the last few days/weeks/months. Andrew
AMPS alternative methods for SIPP Capital Adequacy
The AMPS alternative approaches to SIPP capital adequacy. We are presenting two options, each with the same capital surcharge but with a different initial capital requirement. Each with a Minimum […]
#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 […]
#11 Selecting the valuation date for AUA
Number 11 in a series of headscratchers about SIPP capital adequacy proposals If valuations have to be valid as at 31 December each year, there will be a bottle-neck of […]
#10 The simple formula may not be so simple to verify
Number 10 in a series of headscratchers about SIPP capital adequacy proposals The value of an asset (most notably Non-Standard Assets) may be subjective. Presumably SIPP operators will need to […]
#9 Capital Requirement will be lower at times where there is a higher risk of consumer harm
Number 9 in a series of headscratchers about SIPP capital adequacy proposals Financial pressure may cause a SIPP operator to exit the market. This financial pressure may be as a […]
goSIPP about SSASy things 