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Tuesday, 14 August 2007

It's a race but it shouldn't be

I note that James Hay are bleating about differed SIPPs being counted as SIPPs and skewing the numbers in the league tables. For gods sake, does it really matter. They infer that greater transparency will enable advisers to make better decisions. Well from where I am standing I am not sure that I see their point. Clearly their anxiety is all about where they stand in the league table of SIPP providers. Isn't that rather pointless ? Perhaps there should be greater focus on service levels and the underlying product providing value to the consumer. I don't think this is counted in numbers !

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