Assessing SIPP suitability will be a real challenge for advisers. Christine Hallett discusses how this will be achieved
Given the huge growth in SIPP sales post A-Day what are your future growth expectations for the market? I believe the SIPP market will continue to grow as individuals want to take control of their retirement benefits. The flexibility of a full SIPP enabling people to make choices and change their strategies will only be in greater demand as people start to understand the power of using a flexible and open-plan framework. My estimation of SIPPs growth over the next five years for individual arrangements will be approximately 30% year on year. However, in the group SIPP arena, I think the o...
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