SIPP Deposit Accounts: The misery continues

Dark, Ominous Clouds Promise Rain and poor Weather.The Funding for Lending Scheme has continued to push down interest rates on SIPP deposit accounts even further during January, causing more misery for pension savers looking to get a ‘real return’ on their savings. Perhaps unsurprisingly, there have been no rate increases whatsoever in January, in fact we have seen no rate rises whatsoever over the past three months, as banks and building societies look to the Funding for Lending Scheme to provide a cheaper source of ...