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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.”


The chief exec stakes

Paul McMillan assesses the odds on some of the FSA contenders.

Personal danger warning

Axa has warned of the dangers of people being allowed to save up to £5,000 per year in pension personal accounts without getting advice.Head of pensions and savings policy Steve Folkard says the Government’s proposals to raise the annual contribution cap from £3,000 recommended by the Pensions Commission to £5,000 means people are auto-enrolled into […]


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