The Sipp will be run in conjunction with Selftrade which is a Sipp dealing account providing online or telephone dealing at the same fixed commission within the Sipp.
Other features of the Sipp will include no charges for contributions on transfers in and a free protected rights facility.
Customers will be able to access a range of a thousand unit trusts and Oeics with discounted charges.
The Selftrade Sipp dealing account has access to over 40 fund managers including Fidelity, Invesco Perpetual, Jupiter and New Star.
Selftrade has negotiated special discounts give access to over 200 funds with a 0 per cent initial charge and there are a further 800 funds where the charge will be less than 0.5 per cent.
EPM managing director Francis Moore says: “There is no annual charge or setup charges attached to this Sipp, and along with Selftrade’s £12.50 flat rate commission per trade and no nominee costs it makes trading simple and affordable.
“Clients can also view their Sipp investments online at any time, day or night, by using the Selftrade Sipp Dealing Account. This highlights the transparency of the Sipp and will reassure clients.”
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