Challenging times

SIPPs have the potential to inject some much needed enthusiasm into the pensions market. However, the surge in new business brought with A-Day and SIPP regulation has undoubtedly brought its fair share of challenges to advisers and providers alike. If the SIPP industry is to continue to move forward it is clear that it will need to first identify and then deal with these issues. A key challenge advisers continue to wrestle with in the SIPP market is, it would seem, administration. By this advisers mean excess paperwork and long waiting times. "If I've got any query it's that some provid...