A former director at Suffolk Life has predicted a “very rosy future” for the Sipp sector, in particular providers that offer a more personalised, bespoke service.
The chairman of the Association of Member Directed Pension Schemes will step down tomorrow.
Sipp provider London & Colonial has been bought in a deal worth up to £5.4 million.
An Australian-based Financial Planning technology platform provider has bought an English Sipp provider.
About one out of five people are still failing to save anything at all towards their retirement, a report has suggested.