The case for SIPP

Self-invested personal pensions (SIPPs) have undoubtedly been the major pensions success story of the last few years. However, there has been some debate about whether they are suitable for some of the people who have bought them. Unfortunately that discussion seems to have focused solely on how charges compare to those of stakeholder pensions. In fact, comparing SIPP to stakeholder is like comparing apples and pears. The most important aspect is value for money, and this is where advisers can add value for their clients. When a SIPP is treated like a stakeholder, it behaves just like a s...