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Axa Sun Life just clutching at straws over Sipp claims

Axa Sun Life&#39s claims over Sipps (Money Marketing, last week) gave my


colleagues and I a few good laughs.


Who do Axa Sun Life think they are kidding?


What I hear is the sound of straws being clutched at as they see millions


of pounds being directed away from their own funds to pension providers


that had the business sense to offer a true Sipp.


Axa Sun Life should take some time to talk to IFAs about Sipps. They may


be surprised to learn that the main reason for IFAs recommending them is


that they fully intend for their client to use the facility to provide


maximum investment potential and flexibility, not merely as a parachute.

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