Martin Tilley, pension consultant at Dentons Pension Management, has hit out at rival James Hay for providing a poor deal for customers on its SIPP cash accounts.
Scottish Widows, Irish Nationwide and Investec Bank have the best interest rates on their SIPP cash accounts but shopping around is essential, according to Defaqto.
How discretionary managers can be used as part of retirement planning
Standard Life has developed its active money SIPP with a new investment team to assist high net worth clients and an enhanced property service.
Many SIPPs recommended by IFAs to clients are not true SIPPs, George Ladds, head of investment and pension research at Fair Investment Company claims.
Self invested personal pensions (SIPPs) have been recommended by 82% of generalist advisers, research from Defaqto shows.
Real SIPPs offer investors greater opportunities and investment choice
Hornbuckle Mitchell has created a new adviser support programme offering IFAs in the SIPP and SSAS market guidance on new products, rules and regulations.
Around 20% of SIPP holders use the product as a supplement to their main pension, a Barclays Stockbrokers study has found.
Steve Latto discusses how saving into a pension on behalf of a child can have a major impact on their overall retirement fund