The SIPP market is set for a boost

SIPPs

Richard Mattison of James Hay and The IPS Partnership, considers the latest legislative changes affecting taxation and pensions.

The coalition government has prepared the pensions industry for a big adventure. The radical changes announced in 2010 which will come into force over the next three years took some understanding and will need much digestion. However, we firmly believe the self-invested pension market is set for a boost. The SIPP industry has proved to be extremely nimble in not only reacting to the great legislative changes that have occurred over the last 21 or 22 years since their inception, but also coming up with creative and effective products and services for the IFA community and its ever more di...