Are SIPPs the answer to the public savings problem?

clock • 9 min read

A group of industry heavyweights recently got together to debate the future of the SIPP market. In the first of a three-part special in Professional Adviser, the team discussed the definition of a SIPP and asked: Is demand for the products set to grow?

Self invested personal pensions (SIPPs) have gained a lot of attention recently. Their market growth seems to continue apace despite increasing regulatory involvement about the riskier aspects of the products. So when a group of industry experts gathered together for a roundtable, hosted by IRESS and Professional Adviser and sponsored by GBST, to debate the future of SIPPs, the aim was to delve beyond the hype and identify their real value. What is a SIPP? Kicking off the debate was the controversial question of what actually is a SIPP. This was greeted with a general groan from the...

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