Looking to the stars

The number of SIPPs on the market has grown rapidly over the past few years. In 2001 there were around 32 SIPPs in the market. Today, our database alone covers over 120. SIPPs are complex products which enable investors to have a level of flexibility over and above a regular personal pension. For example, some SIPPs will allow investment into commercial property and also access to discretionary fund managers. However, there is wide variation between the different SIPPs available. For example, although SIPPs charges have fallen over time there is wide variation in the set up costs and...