Yes SIPP is also :UK only, but I’m gonno guess it holds a lot more money for a lot of people (since it does not have the 4K annual limit) And if you switched a few companies inside UK you probably have pensions with quite a few companies.
it’d be nice to:
- for people to consolidate all those pensions, in a low cost broker.
- for T212 to get some lump sump transfers.
- for T212 (if implemented properly) a completely new stream of income from corporate users.
and its already around the corner anyway
… it will be the cheapest SIPP service on the market …
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