SIPPs - SIPPing along nicely

How do you see the SIPP market developing post regulation? It is still early days but there are clear signs from trade surveys and other reports that the growth in SIPP business is accelerating. It would seem that much of the growth is being fuelled by life companies who are replacing their traditional personal and other individual pension products with SIPPs. There is a reasonable debate to be had around just what constitutes a SIPP as while legally a plan may allow wider investment it is clear that in some cases a life company SIPP is nothing more than a personal pension dressed up ...