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Sipp market tipped to see £2bn growth each year

The Self-Invested Personal Pension market has grown 55 per cent since 2016 and is now worth £2.4bn, according to a report published today. A study by analytics firm GlobalData cites figures from the Association of British Insurers to explore how the market has grown. It finds customers are using Sipps to consolidate their pensions, with […]

File image of retirement plan documents and pensions

Idle savers missing pension pot returns

People who stay in default pension funds are losing 4.75 per cent in returns every year, according to research from Hargreaves Lansdown. Data from a survey of 58,000 workplace pension members show 47 per cent  of people with a pension above £25,000 choose their investments. Comparatively, just 5 per cent of people with a pension pot […]

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