Bookmark Us
Martin Tilley, head of technical support at Dentons Pensions, has forecast that "a third to a quarter" of Sipp providers could quit the market in the next few years.
Sipp provider Hornbuckle Mitchell has cut its Sipps set-up fees by 30 per cent to celebrate its 30th anniversary.
Sipp provider and Institute of Financial Planning sponsor Suffolk Life has reached £5bn in assets under administration this month.
Sipp provider Suffolk Life is holding a series of seminars nationwide to help financial advisers understand Sipps.
Sipp provider Mattioli Woods has seen its revenue increase by 33 per cent to £20.5m, up from £15.4m in 2011.
Sole commercial property purchases in Sipps are a popular choice for advisers but the majority are failing to offer joint commercial property purchases, according to Suffolk Life.
The Association of Member-Directed Pension Schemes is demanding more effort to halt the promotion of UCIS (unregulated collective investments schemes) to the public.
Pension investors could pay more than 70 per cent in tax charges by including 'taxable property' in their Sipps and SSASs, according to Hornbuckle Mitchell.
Increased regulatory pressures from the RDR could herald a major shake-up in the Sipp market over the next two years. Rob Kingsbury reports on how the sector is getting ready for change.

Rob Kingsbury talked to a variety of Financial Planner and asked them how they are using Sipps to provide a retirement solution across their client range, particularly for business owners.

Page 56 of 57

News from Twitter