Designs for the future

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Recent regulation in the SIPP market has sparked real innovation in product design. Neil Marsh highlights how he thinks the market will change

Given the huge growth in SIPP sales post A-Day, what are your future growth expectations for the market? We expect the market to continue to grow strongly and this is supported by surveys that suggest IFAs see SIPPs as a key product due to growing demand from clients. SIPPs have created a positive buzz of excitement and are not tainted by the negative press of other pension products. The market potential is huge because there is a SIPP suitable for almost everyone, from low cost services to specialist providers for clients with complex affairs. Poor transfer times have been highlighted ...

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