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L&G adds 17 funds to its Sipp

Legal & General has added 17 funds to its Portfolio Plus Sipp taking the total fund choice to over 270.

The new funds will also be available on Portfolio Plus trustee investment plan and 15 of them on its portfolio bond, including the L&G discounted gift portfolio bond.

L&G managing director, platforms and distribution Graham Newitt says: “We believe that the quality of our fund choice for IFA clients on our Portfolio Plus Sipp is a key driver to IFAs advising in this sector.

This month we are kicking off a concentrated communication campaign targeting IFAs who are active in the personal pension sector, including trade advertising and mailings, designed to build awareness of our SIPP proposition.”

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