The Association of Member-Directed Pension Schemes (AMPS), the trade body for SSAS and SIPP providers, has announced that it is forming a platform sub-committee. Neil MacGillivray, Honorary Secretary of AMPS will chair the sub-committee and is currently agreeing membership.
With the increasing importance of platforms in the pensions sector, in particular in relation to the provision of SIPPs, the AMPS Committee is becoming concerned that there isn’t one trade body looking at the ramifications for providers, advisers and ultimately the consumer. The sub-committee will address this and will consider industry issues and make representation to Government bodies such as HM Revenue & Customs, the Financial Services Authority & HM Treasury.
AMPS Chairman, Andrew Roberts said: “With the implementation of RDR less than 12 months away the platform market looks set to grow considerably and one of the drivers of this will be pensions. As a committee we have become concerned that there has been a great deal of debate on SIPPs, their suitability and the charges associated with them. We are forming a sub-committee so that we can benefit from the huge knowledge base and experience of our member firms”.
AGM Action point remindersMinutes of the Association's 12th Annual General Meeting
14th Sep 2018 2:05 pm
Draft Minutes of the Association's 12th Annual General Meeting, as held on 9th October 2017, were published on 20 October 2017.Mike Morrison
16th Jan 2018 9:35 am
The AMPS Committee is very sorry indeed to learn of the death of Mike Morrison...
7th Nov 2017 4:15 pm
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