Defaqto has updated its Sipps data to include background information on providers to support Financial Planners with their Sipp choices.
The new data allows advisers to research the background of the Sipp operator including its ownership structure, operating expenses, number of Sipps in force and level of Sipp assets under administration.
It will also look at the number of properties under administration and number of capped and flexible drawdown cases under administration.
This is in addition to Defaqto's existing Sipp coverage of 123 Sipp products from 81 different Sipp providers.
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Matt Ward, wealth management consultant at Defaqto, said: "We have been leading the way in independent Sipp research since 2004 and are committed to the continued development of the information that we supply in this market. In light of recent market discussion about capital adequacy requirements it is becoming increasingly apparent that there is an appetite from advisers to carry out deeper Sipp research and learn more about the companies behind the proposition.
"We are delighted to be able to help facilitate such comprehensive Sipp research. Additionally the oft-predicted merger and acquisition activity in the Sipp market may finally be upon us and hence there will be interest from a wide range of organisation in information relating to Sipps operators."

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