How to avoid poor SIPP providers

clock

Advisers should not have to put up with poor-performing SIPP providers.

The reality is that while some SIPPs are like Mercedes, others are more like Austin Allegros. Surprisingly, though, the Allegros must still be selling, or whoever produces them would be going out of business. With this in mind, how can advisers ensure they pick a Mercedes rather than an Allegro? How can they check what they are selling against the opposition, and what should they really be looking for? What is certain is that if they make the right choice it will benefit not just the client but them as well. The modern SIPP: what to expect One option is an independent rating servic...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why the real problems of the pensions dashboard are yet to start

Why the real problems of the pensions dashboard are yet to start

'Its aims seem not only less relevant but potentially problematic'

James Floyd
clock 23 June 2025 • 5 min read
Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read