


Why the claims against SIPP operators are on high rise?
Why the claims against SIPP operators are on high rise?
When considering the retirement plans, sophisticated investors often wish to have full control over their pensions. When the traditional pension plans do not perform according to the expectations of the investors, they are advised to invest in SIPP, often opposed to their financial interests.
SIPP have become increasingly popular as it provides the investors a good opportunity to save for their retirement. The financial advisors often recommend the customers to shift their funds from existing pension schemes to SIPP. The investors view this as a good option to grow their pension pots and maximize returns.
How are SIPP Mis sold?
The reason for introducing SIPP was to fill the gap where the investors were interested in getting full control over their investments. SIPP are suitable for experienced investors who are willing to take more risks. But there have been enormous cases, where people were made to believe falsely that the investment would outperform...