Turmoil 'boosting SIPP interest'

clock

A J Bell's SIPPcentre adviser registrations have risen by 44% in the twelve months to September 2008, compared to the same period in 2007, as savers fear market volatility.

Registrations received in the last three months are 98% up on 2007 figures, the firm says. Current volatile market conditions had their part to play in the rise as they are forcing people to think more carefully about their savings and how they invest their existing pension funds, A J Bell says. The firm believes many people are reviewing exiting arrangements to ensure they can improve their own position for charges, service and investment choice. Increased interest in SIPPcentre has also been driven by increasing the range of permitted investments from January 2008 and the introducti...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

 Rachel Vahey: Advisers and clients still need clarity on NMPA increase

Rachel Vahey: Advisers and clients still need clarity on NMPA increase

'HMRC has had years to clear this up but has sat on its hands'

Rachel Vahey
clock 11 March 2026 • 4 min read
Pension freedoms exposed a longevity problem we still refuse to confront

Pension freedoms exposed a longevity problem we still refuse to confront

'The gap between product complexity and consumer understanding is not narrowing'

Julia Fintz
clock 11 March 2026 • 4 min read
Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Administration expected to conclude in 2027

Isabel Baxter
clock 10 March 2026 • 3 min read