More and more investors will put money into Sipps over the coming years but the introduction of regulation will ultimately result in less choice for investors
Introduced in 1989 as part of the Government's drive to boost the investment industry, the self invested personal pension (Sipp) is now an established part of retirement planning. Indeed Datamonitor estimates more than £500m extra pension savings will be channelled into Sipps by 2010. With figures like this it is clear why the market has become so increasingly competitive. Sipps have evolved over time - the original premise behind self investment was investment choice above that offered by personal pensions. So, rather than being restricted to the fund ranges offered by the providing compa...
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