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A minority of pension holders appear to have forgotten why they saved in the first place, an analyst says, after new data showed they might run out of money in less than a decade.
About 500 clients lost £128million because of pension liberation firms that have been wound up.
So, finally the Sipp industry will see the new capital adequacy rules come into force on 1 September 2016.
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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.
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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.
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