Platforms may never dominate pensions - Suffolk Life

John Moret, director of sales and marketing at the SIPP provider, calls the idea platforms and wraps will dominate the future market “misplaced”. He says: “Of the £50bn of assets currently held in SIPPs around 60% is with bespoke providers with a significant proportion invested with discretionary investment managers or in property.” He believes platforms will have a greater presence in the pensions market over the next three to five years but at the expense of life companies’ personal pensions rather than SIPP assets. Moret also says: “Based on our experience in the SIPP market assets su...