SIPP and SSAS round up

Welcome to the latest edition of TLT’s SIPP and SSAS round up – download here.

Regulatory expectations for SIPPs and SSASs continue to evolve – with increasing scrutiny on transfers, fraud prevention, governance, and the fair treatment of members.

Our Spring 2026 round up explores the latest developments, with practical insight into how regulators and ombudsmen are approaching risk, accountability and decision making.

The briefing highlights why these issues matter in practice and where organisations should be reviewing their frameworks to stay ahead.

In this edition

• Key determinations from TPO, including transfer due diligence and investment decision making.
• Updates from TPR, the FCA and FOS, with a focus on targeted support, transfers, redress system reform and regulatory priorities.
• Emerging fraud and cyber risks, and how schemes need to respond.
• Tax developments, including recent case law and upcoming IHT changes.
• Practical governance advice, with a Hot Topic examining loss of capacity issues.
• A forward look at expected developments in the coming months, and key areas to keep on your radar.

Why it matters

The focus is shifting from reactive compliance to demonstrable governance and engagement. Clear decision making and effective risk management will put SIPP and SSAS providers in a stronger position when facing regulatory scrutiny.

Who is this briefing for

• SIPP and SSAS providers
• Professional trustees
• Scheme administrators
• Independent financial advisers and wealth managers

If you would like to discuss how we can support you to achieve your aims, please reach out to a key contact below.

This publication is intended for general guidance and represents our understanding of the relevant law and practice as at May 2026. Specific advice should be sought for specific cases. For more information see our terms and conditions.