Majority of advisers expect further SIPP provider consolidation

While sector continues growth

Sophie King
clock • 1 min read

The majority of financial advisers expect there to be further consolidation within the self-invested personal pension (SIPP) market, according to Dentons Pension Management.

Research undertaken at a Sheffield Life and Pensions Society event this month, on defined benefit transfers and self-invested pensions, found four-fifths (80%) of advisers saying they expected continued growth in the SIPP sector as a whole. Speaking at the event, Dentons technical sales director Stephen McPhillips discussed the structural and legal differences between small self-administered schemes and SIPPs, as well as offering practical examples of where properties can be held and how self-invested products can aid exit planning. Liberty SIPP again under fire for unregulated invest...

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