It's our round-up of the stories your clients may have read in the national newspapers over the weekend...
Cash in SIPPs Investors looking for the safety of cash in their SIPPs appear to be missing out on the best rates, the Financial Times reported over the weekend. It compared the best rates available in the ‘no-notice' SIPP accounts and the open market accounts and found a significant gap. The paper also explained how may SIPP providers were skimming some of the interest, providing themselves with some useful income, although the FSA appears to be clamping down on this. Investing in banks With banks taking a hammering from all directions, the share prices of some of the major instit...
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