Surge in SIPP interest predicted under Consumer Duty

SIPPs could be ‘major beneficiaries’ of the new regulation

Sahar Nazir
clock • 1 min read

Nearly half (45%) of financial advisers believe interest in self-invested personal pensions (SIPPs) will increase under Consumer Duty, according to a recent study by iPensions Group.

Advisers said they expect an increase in the number of consumers opting for SIPPs as a result of the regulation, which is set to be implemented on 31 July. The study also found that advisers expect the new Consumer Duty rules to deliver on their key aim of "boosting consumer retail investment". Managing director Craig Cheyne said: "Pensions in general and SIPPs in particular look likely to be major beneficiaries of the new rules and advisers are also reviewing the products they will offer to customers."Around two out of five (39%) believe the numbers of customers taking out retail inv...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Sahar Nazir
Author spotlight

Sahar Nazir

News Editor at Professional Adviser

More on Your profession

Culture is the most effective risk tool wealth managers are missing out on

Culture is the most effective risk tool wealth managers are missing out on

'Understanding a firm's culture is understanding its risk profile'

Bev Shah
clock 09 January 2026 • 5 min read
WH Ireland shareholders back Team takeover in key vote

WH Ireland shareholders back Team takeover in key vote

FCA clearance still required

Sahar Nazir
clock 09 January 2026 • 3 min read
Six advice firms actively preparing for targeted support

Six advice firms actively preparing for targeted support

FOI request shows just 19 firms signed up for FCA’s Pre-Application Support Service

Isabel Baxter
clock 09 January 2026 • 2 min read