tim.... wrote:

The SIPP is 100% safe wrt the "ownership" of the funds. It is however not
guaranteed to give to a positive return and may return a negative amount,
especially after management fees which can be significant for small amounts.
Small in SIPP terms is perhaps less than 50-100K.

tim
Just checking I understand - the ownership of the funds is with the
person rather than the SIPP admin company.
So it the admin company goes broke then the SIPP (funds?) still exists
and belongs to the person - I presume its just transferred to another
admin company?

However if the places that the SIPP is invested in - say the whole lot
is in a cash fund - go broke then the usual rules apply - e.g. bank
deposit guarantee?
Have I got it?
mikej