Scottish Widows, Irish Nationwide and Investec Bank have the best interest rates on their SIPP cash accounts but shopping around is essential, according to Defaqto.
At first glance the pre-Budget report appeared to pose a major threat to SIPPs with the introduction of reduced tax incentives on personal pension contributions for those earning more than £150,000
The breeze of optimism I reported in my last, post-Hogmanay, update has dwindled to the faintest puff of cheerfulness.
Ascentric is launching a deposit account from Investec to tap into the growing appetite for cash as investors shun volatile equity markets.