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TIPs have an increasingly important role to play in helping trustees select the right fund manager says Ian Price

Who is the target customer for TIPs? Do you see this changing as the product develops? i.e. guarantees come at a cost. The target customers for TIPs are trustees of occupational pension schemes, and also the trustees of SIPPs. We do not really see that this market will change, even with the development of new products such as guarantees. All that I believe will happen is that more business will be placed through TIPs as the more sophisticated products are developed over the short to medium term. What are the key benefits of TIPs? The key message here is that, historically, the investm...

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