What are the benefits of real SIPPs?

Real SIPPs offer investors greater opportunities and investment choice

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Tony Hales of Stadia Trustees examines the merits of different types of SIPPs.

The goliaths of the SIPP industry are mainly owned by large UK or international listed companies. They have other operations such as stockbroking, fund management and banking so it is impossible for the main board of directors to put their SIPP customers at the top of the list. The SIPP clients of one large company have seen the company ownership pass from British, to Spanish, to Irish and must be wondering “where next?”. Most large providers limit their SIPP choices to ‘mainstream investments’ e.g. funds managed by themselves or other companies on their platform. The FTSE 100 is over 20...

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