Evolution of pension recommendations and how 2026 may influence change

Each year, Defaqto surveys advisers to ascertain their thoughts on the service they have received from providers. This information forms the Defaqto Service Ratings, the results of which are published in the new year.  Within this, we ask which products they have recommended in the previous 12 months. We have been collecting this information since 2017, giving us a unique insight into adviser behaviour over the last nine years.   Chart A shows that personal pension plans (PPP) continue to be recommended more than self-invested personal pensions (SIPP) broadly demonstrating that ...