Under one roof

Is group Sipp the future for the group DC market?

Group Sipp has two distinct guises in the current market. There is the traditional group Sipp, a product that allows a group of individuals to combine their pension savings and invest together. Typically this sort of Sipp is used to purchase commercial property or make an investment into an institutional fund that may be out of reach for a sole investor. Then there is the corporate Sipp, a proposition that sees an employer set up a group DC (defined contribution) scheme for their employees allowing a wider range of investments than a normal group personal pension. Demand from employee...