Looking ahead: How will regulation impact SIPPs in 2023?

SIPP market estimated worth sits at £500bn in assets

clock • 4 min read

Claire Court looks at the SIPP market and makes some predictions about what 2023 has in store for self-invested pensions…

For more than three decades, self-invested personal pensions (SIPP) have offered UK individuals a great way to diversify investments, take advantage of generous tax reliefs and better save for a more comfortable retirement journey. Packaged up in a huge variety of shapes and sizes - from 'low-cost' with fewer investment options to 'full SIPPs' with wider and more esoteric investment options and higher charging - SIPPs continue to grow exponentially, with the market now estimated to be worth approximately £500bn in assets. However, despite SIPPs continuing to soar in popularity, a rece...

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

Retirees feel regret after rushing to take out tax-free cash

Retirees feel regret after rushing to take out tax-free cash

Chancellor urged to provide earlier clarity ahead of 2026 budget

Isabel Baxter
clock 02 July 2026 • 3 min read
Third Financial launches white-labelled SIPP

Third Financial launches white-labelled SIPP

Titan Wealth first client to use service

Jenna Brown
clock 29 June 2026 • 1 min read
Environmental due diligence for SIPP/SSAS is as important as ever

Environmental due diligence for SIPP/SSAS is as important as ever

Environmental due diligence isn't just a ‘tick-box'

Caitlin Southall
clock 29 June 2026 • 4 min read