Auto-enrolment to shift SIPP focus to wealthy clients - Dentons

He said once auto-enrolment is embedded, people on medium incomes will on average begin saving with their employer, and starting earlier than they currently are. This will reduce the need for them to make their own SIPP arrangements through an adviser. "The £10,000 to £50,000 market for SIPPs will dry up a little," Tilley said. He added that SIPPs will remain relevant after auto-enrolment to people who begin saving through their employers at the start of their careers, and who work up to a senior role, as they may still use SIPPs to top up their savings with extra cash prior to retire...