Future pensions will all be sipps - Moret

At the moment, although all pensions are subject to the same tax regime following A-Day, but sipps tend to be differentiated by their wrapper as providers allow them to hold a wide range of investments compared to other personal pensions. But John Moret, sales and marketing director at Suffolk Life, says looking ahead he believes the barriers will disappear and the market will be left with just one vehicle which will offer a range of investment options, which may still be called a sipp or maybe something else. He points out the market for sipps is going to continue to grow as a number of...