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  • Investec Specialist Private Bank Reports: Cash - A SIPP's best friend
  • June 04, 2011
  • Investec reports that demand for wrappers, such as Self Invested Personal Pensions & Small Self- Administered Schemes, is continuing to rise with some industry experts estimating that in three years' time one million plans will have been sold.

    Cash: A SIPP's best friend

    By: Lionel Ross, Investec Bank

    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.

    Fo...
  • View more at: http://www.1888pressrelease.com/investec-specialist-private-bank-reports-cash-a-sipp-s-be-pr-308004.html