Protected-rights assets

All indications are that the Sipp market is set for further growth on the back of the continuing dem...

All indications are that the Sipp market is set for further growth on the back of the continuing demise of occupational schemes and the consolidation of historic and poorly performing legacy of life company individual pension plans. It is easy to arrive at estimates of these two growth components that exceed £300bn - suggesting the Sipp market could grow tenfold in the next five to 10 years. And there is another component of Sipp market growth that is excluded from the above - the accumulated assets for protected rights, much of which is sitting in underperforming funds with life companies...