Members warned over SIPP and SSAS charging transparency

Jonathan Stapleton
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Advisers and members must beware of "hidden kickbacks" and "double charging" in some self-invested and self-administered schemes, Talbot & Muir warns

The SIPP and SSAS provider said some providers had often earned money by taking a portion of interest earned on cash deposits - but could no longer do this now the base rate had fallen to 0.5%. ...

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