David Abbis, author of the SIPPs guide and Insight Analyst for Wealth Management at Defaqto, said:
"It is now 21 years since SIPPs were introduced and over that time more than 500,000 plans have been written. Over the years, investment options have developed from property and stocks and shares to mutual funds and discretionary fund management.
"A SIPP now offers much wider opportunities for investment, and advisers must be certain that their clients wish to participate in a plan that may be more expensive than a personal pension but may give opportunities to enhance the ultimate pension fund. This guide highlights the key areas for their consideration."
Areas covered by the guide include:
- Regulatory activity
- Recent changes to the SIPP landscape
- Selecting the right SIPP for your client
- How to choose the right SIPP provider
- SIPP product data
