In for the long run

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John Moret gives his views on the results of the SIPP inquiry

The results of the Retirement Planner SIPP inquiry which confirm the continuing growth in demand for SIPPs should come as no surprise. Recent surveys have all confirmed that the rate of growth in the SIPP market continues to exceed 20% per annum. Just what constitutes a SIPP continues to provoke some debate. Historically a SIPP has been seen as a rather exclusive individual pension savings vehicle for the wealthy. The survey confirms that although the average amount invested per client in a SIPP remains high there are now many clients with funds of less than £200,000 where a SIPP has been...

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