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

Planning ahead of IHT changes: Using pensions to support charities

Planning ahead of IHT changes: Using pensions to support charities

Practical planning steps for advisers

Pooja Shah
clock 16 April 2026 • 5 min read
FCA to take action against Hartley Pensions and involved individual

FCA to take action against Hartley Pensions and involved individual

Entered administration in 2022

Jen Frost
clock 15 April 2026 • 2 min read
From A-day to IHT: How government forgot the meaning of 'consultation'

From A-day to IHT: How government forgot the meaning of 'consultation'

'What is particularly galling is that there were viable alternatives'

Rachel Vahey
clock 14 April 2026 • 3 min read