Can SIPPs still thrive after rule changes?

Encouraging British workers to save for their pensions is usually a thankless task. No matter how much time and money is put into education programmes, most remain apathetic and far from keen to save for their future. Self-invested personal pensions (SIPPs), however, have bucked this trend. Its a highly fragmented market and its difficult to get a precise handle on its exact size but according to Suffolk Life there are currently around 650,000 SIPPs worth around £80bn. According to Standard Life, around two-thirds of the money invested in SIPPs has been transferred into the SIPP from ...