Tuesday, 11 May 2021 08:28
Number of SIPP providers falls to decade low
- font size decrease font size increase font size
According to Defaqto, on 1 April 2020 there were 79 providers with 129 SIPP products, a small but significant fall from the previous year
The number of providers in the SIPP sector has fallen to its lowest level in nearly a decade due to a wave of mergers and takeovers, according to new data.
Both provider and product numbers are at their lowest levels since 2012, data produced for the latest issue of Financial Planning Today magazine, out later this week, reveals.
Since the start of 2020 there has been a fall in the number of SIPP products and providers, despite there being a steady growth in numbers prior to 2020.
Read 1644 times
Published in
Articles
Tagged under
Related items
More in this category:
« Embark Group may be sold - reports
Carey Pensions parent firm profit drops 48% in 2020 »