The Big Question

Peter Carter is head of product marketing at MetLife UK There is no doubt that the SIPP industry is booming at present, with little to suggest that the boom will not continue. It is currently estimated that up to 700,000 customers have more than £80bn of assets invested in SIPPs and commentators confidently predict there will be more than a million customers by 2015. There is no shortage of competition either, with more than 100 SIPP providers in the market, and the proposed end of the Age 75 rule next year expected to provide a further boost to the industry. Choice is generally pe...