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Motley Fool rushes in with its own Sipp

Personal finance website Motley Fool is offering its own direct Sipp administered by AJ Bell.

Motley Fool senior product manager Paul Warburton says the product aims to complement the share-dealing service the firm set up six months ago.

The companies offers a financial and utilities price comparison website, a share tipping and dealing service, online forum and personal finance editorial.

Warburton says: “With the recent regulatory changes, we thought it was time to launch our own branded Sipp, which we will be running in conjunction with our share dealing service on the same platform. We believe there are huge opportunities in this arena.”

Hargreaves Lansdown head of pensions research Tom McPhail says: “This reinforces the expectation that Sipps are becoming the dominant life form in the pension landscape. It is an example of how new distribution arrangements are coming about to take advantage of branding and marketing in an attempt to access new markets.”


RDR battle lines are drawn

The FSA’s practitioner panel has waded into the future of commission debate suggesting one of the key foundations of the retail distribution review may not be as clear cut as the regulator suggests.

Opinions tar us all with same brush

I write in response to another letter, this time from David Kass in last week’s Money Marketing criticising Brocha Simon’s commendable desire to complete the IFS’s Cefa and Cemap at the age of 16. Clearly, this has touched a raw nerve in certain quarters. Could it be that if Brocha can pass these exams without […]

Scarborough Channel Islands launches new savings suite

Scarborough Channel Islands has launched a suite of savings bonds with the option for customers to fix their rate for six months, one year or two years.Interest rates for the new products range from 6.10 per cent for a six-month fixed interest bond to 6.40 per cent for two years.The bonds are available with a […]

Threesixty says IFAs must make voice heard on RDR

Threesixty is urging IFAs to respond to the retail distribution review and warns they should not dismiss it as merely a discussion document.The support service firm says the FSA’s proposals will bring unprecedented change to the IFA sector. A market report, unveiled at the group’s annual conference in London last week, says: “The RDR cannot […]


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