Sipps are still hot property

Since 6 April 2006 - A-Day - Sipps have received a massive amount of press coverage and now seem to be the vehicle of choice for professional advisers. Such enthusiasm had been widely anticipated when there was the possibility of investing in residential property, as well as so-called 'esoteric' options such as wine and antiques, and yet Sipps' popularity seems even to have survived the Chancellor's U-turn on those possibilities last December. Although the first Sipp product was introduced around 1990, interest took some time to ignite and the market was slow to develop. Indeed, it was not...