Advisers say SIPPs should not hold non-standard assets - research

13% say SIPP market is damaged

Sophie King
clock • 1 min read

Half of advisers (49%) have said self-invested personal pension (SIPP) providers should not hold non-standard assets, according to a study conducted by CoreData research.

The study, which surveyed 1,000 advisers, found just a quarter (24%) of respondents said SIPP providers should allow non-standard assets, while slightly more (27%) were undecided on the issue.   Four-fifths (78%) of advisers favoured the introduction of a list of prohibited SIPP investments while six out of ten (59%) said recent SIPP court cases have made them more cautious about non-standard investments. Meanwhile, it found the same number (59%) of advisers expect SIPP complaints will increase over the next year and nearly half (47%) think SIPPs are only suitable for experienced inve...

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