Briefly: Most insurers in the dark

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The Independent Online
PEOPLE baffled by personal pension choices should take comfort from the fact that their confusion is shared by insurers.

Personal Pension Management sent a questionnaire to 97 British insurers asking them to provide details of the self-invested pension plans (Sipps) that they offered. More than half of those who replied were unaware of the existence of these schemes.

The few insurers who gave intelligent replies included Britannia Life, Eagle Star, Friends Provident, London & Manchester, National Provident Institution and Scottish Equitable.

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