Finally, and when all else has been done, the last test is the common sense or gut reaction. If it looks too good to be true, it most probably is.

Martin Tilley is director of technical services at Dentons Pension Management

Key points

There have been increases in the number of claims made and payouts in respect of Sipps

Sipps, as products, are not causing the issues, but the advice to transfer to them or the investments that are held within them are

If it looks too good to be true, it most probably is