Auto-enrolment and its impact on SIPPs

In spite of continued growth in the economy, 2013 was still a very challenging year for many businesses, as was access to funding. At the same time, there was a greater awareness of pensions, with the media coverage surrounding auto-enrolment (AE) playing a major part. These two things combined, along with the post-Retail Distribution Review world, have created a significant increase in demand by businesses looking at their pension requirements and options. AE may have been the catalyst, but the end result was an increase in SIPP and SSAS business where business owners place their own...