Market to see five million sipps by 2020 - Moret

Chairing the annual Henry Stewart SIPP Conference last week, John Moret believes five million SIPPs in the market by 2020 is a realistic forecast. He says: “It is an exciting time for the world of SIPPs and most of us are probably pinching ourselves at the explosion of interest in the SIPP market. My prophecy of half million SIPPs by 2010 would now to turn out to be a dramatic underestimate if, as I believe, the Sipp or its successor, the open architecture pension (OAP), becomes the only great alternative to an employer-sponsored scheme.” Moret who is director of sales and marketing at ...