SIPPs have always evolved to meet changing demands, and will continue to be an important pension wrapper. In this article we explain why the future is bright for SIPPs in 2023, and beyond.
A growing market
We have seen a lot of consolidation among SIPP providers. There are now only a handful offering a truly independent SIPP wrapper, one being Options For Your Tomorrow.
But the marketplace continues to grow and falls into two categories: high volume platform SIPPs, and smaller independent SIPPs that provide advisers with more flexibility and enable more diversification across asset classes.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.