Are SIPPs the Belle of the ball or ISAs' ugly sister?

What SIPPs can learn from ISAs

clock

Belle of the ball or ugly sister? Neil MacGillivray on what SIPPs can learn from ISAs...

When it comes to tax incentivised saving schemes personal pensions, in particular self-invested personal pensions (SIPPs), can seem to be portrayed as the ugly sister. In recent years issues such as failed esoteric investments, pension liberation and on going legislative changes, the reduction in lifetime allowance for example, have all contributed. On the other hand, ISAs, since their introduction in April 1999, cling on to their Cinderella status. So are there any lessons to be learned? The legislation in relation to ISAs compared to pensions legislation is relatively straightfor...

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

More on Pensions

Salary sacrifice protections overturned by House of Commons

Salary sacrifice protections overturned by House of Commons

Commons overturns Lords amendment to increase cap to £5,000 from initial £2,000 proposal

Holly Roach
clock 24 March 2026 • 1 min read
 Rachel Vahey: Advisers and clients still need clarity on NMPA increase

Rachel Vahey: Advisers and clients still need clarity on NMPA increase

'HMRC has had years to clear this up but has sat on its hands'

Rachel Vahey
clock 11 March 2026 • 4 min read
Pension freedoms exposed a longevity problem we still refuse to confront

Pension freedoms exposed a longevity problem we still refuse to confront

'The gap between product complexity and consumer understanding is not narrowing'

Julia Fintz
clock 11 March 2026 • 4 min read