View more on these topics

Rowanmoor and Brooks Macdonald launch HNW Sipp

Rowanmoor Pensions and Brooks Macdonald Asset Management have launched a Sipp product targeting investors with Sipp assets worth more than £200,000.

Under the arrangement, Rowanmoor will provide the administrative framework for the product and guidance on legislative issues.

Funds in the Sipp will be invested with Brooks Macdonald into their bespoke portfolio service.

Rowanmoor Pensions managing director Ian Hammond says: “The Rowanmoor Pensions Brooks Macdonald BPS Sipp is designed to give maximum flexibility to the discerning self-employed, business partner or individual wanting a high degree of control over their pension arrangements.”

The initial and annual administration charges will be paid out of the Brooks Macdonald BPS annual management charge, with a maximum charge of 0.75 per cent plus VAT a year.

Brooks Macdonald joint managing director Andrew Shepherd says: “With the option to invest in commercial property and the competitive charges, this is an attractive proposition for high net worth clients”.



Skandia supports ‘sunset clause’ on legacy commission  

Skandia says that introducing a ‘sunset clause’ on legacy commission would allow the industry to make a more orderly transition to adviser charging. The clause would allow advisers to continue to receive legacy commission for a period of five years, but once that time period is up, legacy commission would cease. In March, the FSA […]

Advisers support plan to link Isas and pensions

Advisers have backed Government plans to link Isas and pensions, although concerns remain about Nest’s ability to cope with any potential reforms. Last week, Money Marketing revealed Treasury officials will open discussions with the industry on the practicalities of linking Isas and pensions in the coming weeks. A Treasury email, seen by Money Marketing, reveals […]

Yorkshire BS reduces fixed rates by up to 0.4%

Yorkshire Building Society has reduced its fixed rate mortgage range by up to 0.4 per cent. The lender’s two and five-year fixed rates now start from 2.59 per cent and 3.49 per cent respectively, with a £995 fee, available up to 75 per cent loan-to-value. The same deals are available with a reduced fee of […]


What will the client of tomorrow look like?

The Personal Finance Society is attempting to shed some light on what the future holds for the industry with the launch of Tomorrow’s Client, a one day conference designed to look past the RDR and examine the demand for financial advice after December 31, 2012. PFS president Eddie Grant says: “It is really about getting […]

Rayner Spencer Mills: Why we rate the Artemis Global Growth Fund

Ken Rayner and Graham O’Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio. The Artemis Global Growth Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. “Funds in the Sipp will be invested with Brooks Macdonald into their bespoke portfolio service.”

    So how can this be described as a SIPP then?

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