Personal Pensions — Written Question

Question

Victoria Collins

Liberal Democrat — Harpenden and Berkhamsted

To ask the Chancellor of the Exchequer, what steps the Financial Conduct Authority is taking to (a) enhance its oversight of Self-Invested Personal Pension operators and (b) review the capital adequacy requirements for those holding portfolios containing

Answer

Torsten Bell

Self-Invested Personal Pensions (SIPPs) are a type of personal pension regulated by the Financial Conduct Authority (FCA) that give savers more choice over how they invest their retirement savings. In December 2024, the FCA published their discussion pape...

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