Pensions - Articles - Moneyfacts publish their SIPP and SSAS Star Ratings


Moneyfacts have completed its Moneyfacts has completed its annual assessment of the Self Invested Personal Pensions (SIPP) and Small Self Administered Schemes (SSAS) markets and awarded its Star Ratings accordingly.

 The Moneyfacts SIPP & SSAS Star Ratings are based on the weighting of specific features, outside of performance, that are likely to be the most relevant to those considering such a pension or scheme.

 Using Moneyfacts’ vast knowledge-base, gained from the extensive analysis of these products, the Moneyfacts SIPP & SSAS Star Ratings help consumers and companies to choose with confidence the SIPP or SSAS that best suits their needs in terms of ongoing quality.

 Richard Eagling, Editor of Investment Life & Pensions, said: “Self-invested pensions such as SIPPs and SSAS which allow individuals to take greater control of their pensions are growing in popularity, but the wide range of options available can prove confusing. The Moneyfacts SIPP & SSAS Star Ratings highlight the companies that offer the schemes with the most extensive range of features and competitive charges, helping consumers direct their focus when considering a scheme.

 “As the Moneyfacts Annual SIPP & SSAS Star Ratings concentrate on the features of the products when going through the decision-making process, consumers get an extra seal of approval that should give them the added assurance that they have found a high-quality product for their retirement needs.”

 

 

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