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Jupiter predicts SIPP surge

Jupiter Asset Management is predicting a surge in investment into self-invested personal pensions as further final salary schemes dissolve and investors turn from traditional with-profits pension schemes and managed pension funds.

Jupiter pension development director Colin Maloney says: “At root a pension is an investment, yet the traditional with-profits and managed-fund vehicles are no longer offering the kind of performance that many pension savers require to secure themselves a comfortable retirement. In contrast SIPPs offer access to a diversity of investments, everything from collective funds to commercial property, thus enabling the construction of a balanced retirement portfolio.”

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