| | | Abbey Sipp Pensions - Sipps Pension Guide
Abbey SIPPs Market A Key To Growth The new haed of the Abbey's Insurance and Asset Manageent department believs that the Sipps Pension changes that take place on 6th April 2006 (A-Day) will help transform Abbey's fortunes. A former co-founder of Skandia Life Bradshaw told Citywire that he was hoping to target key areas within the investment advisor market as a way for Abbey to take market share. During this year the Abbey has started to outsource much of its with profits funds and unit trusts after week results. Abbey owns the boutique Siips Advisor, James Hay which is the market leader in the current SIPP market with a share of around 30% of all SIPP business. Abbey is more than capable of developing a powerful SIPP proposition if it linked the plan to the Allfunds platform being brought over from Spain by the banks parent company, Santander. Bradshaw admits that he believes that there is huge potential but he is not willing to say more than that at this stage.. |
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