SIPP savers call for simplified charging structures

The poll found 45% of SIPP savers understood their pension's charging structure, and 70% thought SIPP providers should simplify charging structures. IW&I head of financial planning Chris Aitken said it was a "poor reflection on some SIPP providers" but he also urged SIPP holders to get a better grasp on what they are paying for. He said only a few providers offer a discretionary service with a fully transparent and straightforward fee structure. The study also showed significant numbers of SIPP holders are failing to maximise the investment potential of their pension saving because...