'Unnecessary' SIPP rules frustrating for advisers

A survey of IFAs suggests service levels are the most important aspect when considering a SIPP recommendation, but Curtis Banks says some providers are not providing the flexibility clients demand. Of the respondents to the survey, 75% say SIPP providers are imposing ‘unnecessary' rules on what services they can offer. Another 73% say they get frustrated when a provider is unable to help them with a query. Almost 90% of advisers say helpful service is essential for any SIPP, while 98% claim service flexibility is a major factor to consider when recommending a SIPP to clients. Stev...