Comment and Blogs
2016 has been another year of consolidation in the Sipp industry, this can be seen as good or bad depending on who you are and more importantly, where the Sipps end up.
Read more: Claire Trott: Sipp sales to just 1 or 2 big players is big concern
After reflecting on developments in the SIPP market over the last few weeks I’ve concluded that it’s definitely a case of out with the old and in with the new.
Who could have predicted the political machinations that have unfolded since the UK narrowly voted ‘Leave’ on June 23rd, with more sackings and resignations in the last three weeks, than during a normal week at Leeds United.
I was at a street party for the Queen’s birthday and someone asked me what I did, and when I said I worked in pensions the immediate response was – “so you are a financial adviser?”
Read more: Mike Morrison: Advisers' questions more complex than ever
Auto-enrolment is now entering a critical phase, with approximately 1.8 million small and micro-employers attaining their ‘Staging Date’ during this year and next.
Read more: Jones-Tinsley: These people can forget the workplace pension
How popular have the pension freedoms been? In the period running up to April 2015, I was often asked what I thought we would see with the advent of the pension freedoms.
Read more: Mike Morrison: Hell bent pension spenders hard to stop