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Barclays Stockbrokers has cut its yearly Sipp administration charges from £200 to £155.
An investigation looking at possible compensation claims against an advisory firm is to hone in on its actions on Sipps.
Aviva has remodelled its income drawdown solution and says this will help customers by giving them greater choice and more flexibility in how they take their retirement income.
Commentators, regulators and even the industry itself have all struggled to split the SIPP market into neatly labelled boxes to highlight the wide range of products under the SIPP moniker.
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The average worker faces trying to live off just over £1,000 per year in retirement, a conference was told.
The tax and VAT position on Sipps and platforms could change in future and was not set in stone, according to Deloitte tax expert Paul Farr speaking at the IFP Accredited Firms Annual Conference today.
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