Study finds increase in Sipp take-up

A survey of over 200 IFA firms by discretionary management firm Morgan Stanley Quilter has found close to 70% of IFAs think A-day will bring a major increase in chargeable business with 73% of those questioned believing they will use ‘discretionary managers’ more widely. Half of IFAs do not believe the investment options currently available through pension fund policies are acceptable for their customer needs. According to Morgan Stanley Quilter IFAs look at three key areas when deciding on the investing into SIPP funds: 28% - How to retain control of the final investment decision ...