SIPP is dead long live ABATIC

Another topic of discussion at the recent Henry Stewert Conference was the use of SIPP as a term for pensions that are member directed. Clearly when AMPS was founded the phrase SIPP was not considered even though the SIPP Provider Group Association was half of the association with Pensioneer Trustees (APT) . Quite right too, the growth of the Pseudo SIPP market is creating confusion for consumers. Perhaps ABATIC would be better, A Better Acronym To Inform Consumers !

posted by Chris Read @ 17:12