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SIPPs earning little or no interest

15 April 2010

Over £13bn in self-invested personal pensions (SIPPs) is earning little or no interest as cautious investors leave their payments in cash funds.

Defaqto research has revealed that a quarter of the £52.6bn held in Sipps is left in cash funds despite the poor interest received because concerns about stock market risks are making investors reluctant to commit money to shares.

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