Neil MacGillivray: Almost six years on from pension freedoms

From the outset SIPPs were considered as a means of making it easier for people to manage their own pension arrangements. But their true potential in wealth management arguably took a further 26 years to develop through the introduction of pension freedoms in 2015. Many feared it would quickly go downhill from there, with wild headlines of SIPPs being fully encashed and Lamborghini dealerships booming. I'm sure the odd supercar was purchased, but the view that people couldn't be trusted with their own money was greatly exaggerated. Why? Well, in part because getting appropriate financial...