News
SIPPs are RDR future-proof
SIPPs are future-proof according to Defaqto's latest report into the market which is published today.
Matt Ward, author of the report and principal consultant - Wealth Management at Defaqto believes that SIPPs are likely to survive in a post-RDR (Retail Distribution Review) world due to their flexibility.
Mr Ward said: "In their various guises SIPPs can provide solutions for clients at the top end of the market, where their flexibility and investment options meet the needs of high-net-worth clients. Then in the mid-market platform-based SIPPs can service the needs of clients seeking effective access to collective investments.
"Additionally SIPPs have shown an ability to play the role of a direct to market pension product when supported by pertinent investor infomation."
The report takes a look at how regulation is affecting the market, including the FSA Thematic Review, the Retail Distribution Review and changes to ISA and tax allowances. It also discusses the market overview and products available, with input from Defaqto's IFA survey into SIPPs.
The report is available to purchase for £1,695 online or through your account manager on 01844 295546.
