HARGREAVES Lansdown has outlined what it sees as "significant misconceptions" that have arisen about SIPPs, including that advisers only recommend them in order to generate high commission payments.
Tom McPhail, head of pensions research, pointed out that many SIPPs do not pay high commission and that the prudence and integrity of the servicing adviser should be the focus of attention on advised SIPP...
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Quarter of single pensioners dependent on state