group sipp

Corporate wraps giving 'blue collar' workers access to self-invested personal pension (SIPP) products will never break through traditional barriers like employee engagement, according to LV=.

James Hay Partnership is to close its family SIPP product to new business due to a lack of adviser demand.

Advisers are being urged to keep charging structures on corporate pension schemes simple so employers and members can understand them.

FSA plans to include group personal pensions (GPPs) in existing rules regarding pensions advice could create barriers to saving and additional costs to employers, industry figures say.

Investec Private Bank

The flexibility of SIPP and SSAS will increase their popularity as the Government cuts back on pension tax relief, according to Rowanmoor Pensions.

The UK SIPP market has swollen by over half since 2007, according to Suffolk Life.

BNP Paribas is due to launch a corporate SIPP administration service for a large insurer.

Returns on cash deposited by SIPP and SSAS investors are far too low, according to a survey of 100 pension IFAs.

Advisers should not have to put up with poor-performing SIPP providers.