Choosing the best tool for the job

Any DIY devotee will tell you that making repairs or improvements is far more straightforward if you have the right tool for the job. Exactly the same principle applies in the world of self invested personal pensions. The rapid growth of SIPPs in recent years has been driven by the desire of individual pension savers to take direct responsibility for their own pension strategies. The success of this hands on approach contrasts sharply with the arms length traditional personal pension which has fallen out of favour for reasons such as poor investment choice, underwhelming performance or ques...