Investec Specialist Private Bank Reports: Cash - A Sipp's best friend
Demand for wrappers, such as Self Invested Personal Pensions (SIPPs) and Small Self- Administered Schemes (SSAS), is continuing to rise with some industry experts estimating that in three years' time one million SIPP plans will have been sold. Indeed, in the 12 months to November 2010, a third (36%) of IFAs1 saw an increase in demand for SIPPs, with growth driven in part by a desire for greater control over pension planning.
Following the changes to the retirement age, which came into force on 5th April 2011, there is now a wider realisation in the UK that we can no ...


