37% of advisers don't know Sipp interest rates

The findings of a survey of 193 pension advisers, managers and trustees, conducted in September, reveals 27% of advisers believe the pensions simplification which took place in April 2006 has been more of a hindrance to consumers, with many claiming the changes have made things more complicated. But despite this, the research shows around 39% of advisers have seen an increase in the number of clients wanting a Sipp proposition, even though initial proposals to allow Sipps to include residential property and more esoteric assets such as antiques and fine wine were scrapped by the governmen...