SIPP applications double reveals A J Bell

Applications were up 62pc compared to June 2007, while total applications received in Q2 were 42pc up on a year earlier. According to A J Bell, there has been greater investor demand for a tax wrapper that can allow for varying market conditions and the changing needs of the client post A-Day. The company also says that the current volatile market conditions are forcing people to think more carefully about how they save, with a key theme being reviewing existing arrangements to ensure that the client is getting the best possible deal on price, service and investment choice. Billy Ma...