On sipps

Since A-Day, Sipps have received a massive amount of press coverage and appear to be the vehicle of ...

Since A-Day, Sipps have received a massive amount of press coverage and appear to be the vehicle of choice for professional advisers. The first product was introduced around 1990 but it took some time for interest to ignite, and the market was slow to develop. It was not until 2001 that a definitive list of investments was created. At that time, the list of permitted investments was, as outlined, as follows: l Stocks and shares listed or dealt in on an Inland Revenue recognised stock exchange l Futures and options, relating to stocks and shares, traded on a recognised futures exchan...