View more on these topics

HSBC and Standard Life teams up for Sipp launch

HSBC has joined forces with Standard Life to launch a new Sipp proposition designed to enhance the bank’s current pension portfolio and bridge the gap between its stakeholder pension and SSAS/SIPP Practice.

The new Sipp is aimed at small-to-medium sized business owners and directors who want to enjoy the benefits of a Sipp but do not have sufficient assets to take advantage of HSBC’s current bespoke solution.

HSBC’s Sipp provided by Standard Life requires a minimum contribution of £10,000, although HSBS says it is ideally suited to customers who have already built up a fund worth £100,000 or more at retirement. It is available from HSBC’s UK network of commercial financial planning managers, with investment advice backed by HSBC’s global multi-manager team who will recommend selected funds from Standard Life’s range.

HSBC’s head of commercial insurance and investments, Mark Hussein says “The benefits of a Sipp include the ability to invest in commercial property and the breadth of investment and retirement income options available make it ideal for our medium-high net-worth business owners.”


Protection marketer quits Friends

Friends Provident head of protection marketing Ian Jefferies is leaving the firm after 24 years. He is understood to be moving to general insurance firm Fortis.

Commission warning of principle problems

The Better Regulation Commission says the FSA’s move to principles could be scuppered by supplementary guidance and compliance measures brought in by firms to replace prescriptive rules.BRC chairman Rick Hay-thornthwaite says unless the FSA and industry acts, one layer of prescription will be replaced by another. The BRC is an independent body set up by […]

Out of Context

“See, she even gets her good looks from me.”TMP head of distribution Alan Easter on his daughter Kate.“All of needs is the sports headlines and some weather and you could have your own cable channel.” CBK’s Peter Chadborn comments on MoneyMarketing TV“I must say that when her number appears along the bottom, I thought for […]

Time for a new approach to asset allocation

Trevor Greetham, RLAM’s head of multi asset, introduces the recentlylaunched RL GMAPs. Asset allocation has become an increasingly difficult challenge for investors and advisers in the years since the financial crisis. Sometimes violent price swings in stock and commodity markets coupled with the collapse in the rate of interest on bonds have made it harder […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm