FSCS pushes regulators to increase £50k SIPP protection limit

Jenna Towler
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The Financial Services Compensation Scheme (FSCS) wants to increase protection limits for self-invested personal pension (SIPP) investors following the freedom and choice reforms.

Investors, including SIPP savers, are currently covered to a maximum of £50,000 while annuities and other savings held within long-term insurance contracts enjoy 100% protection. The FSCS' annual report...

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