Helen Morrissey recently hosted an online debate on the SIPP market. Here are some of the many issues discussed
Helen Morrissey: Does the SIPP market engender a greater sense of do it yourself among investors? If so, will this be detrimental to the advisory industry? How can we get the message across to clients that they need the assistance of a qualified adviser?' Chris Smeaton: Professional advice is essential to the SIPP market. I think the whole concept of DIY just brings up the wrong type of image. In my mind, it brings up images of wonky shelving and burst water pipes and I think what we need here really is the professional advice of a financial planner who can come in and advise the client i...
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