View more on these topics

SSAS firm moves into Sipp sector

SSAS Pimco Trustees is entering the self-invested personal pension market with a product aimed at the sophisticated end of the market.

Pimco believes the Sipp market is splitting into two categories – low-cost, limited-investment products and bespoke, products with higher service levels and wide choice.

Features of the Essential Sipp include the trust deed insisting the scheme member is a co-signatory, with the other trustees, of the bank accounts which are held at Bank of Scotland. Pimco says this gives more control.

Pensions director Eileen Imrie says: “We are aware of some Sipps which do not offer full investment management. This can leave schemes with significant deficits. We will not allow these mistakes.”

Recommended

Threadneedle Pensions – Balanced Pathway

Monday, 1 May 2001.Type: Pooled pension fund.Aim: Growth by investing in bonds and equities.Minimum investment: Lump sum £1,000.Investment split: Property 2 per cent, overseas bonds 8 per cent, overseas equities 38 per cent, UK bonds 15 per cent, UK equity 37 per cent.Charges: Annual 0.35-0.85 per cent.Commission: None.Tel: 020 7464 5691.

IFA firm targets home equity

An IFA firm has been set up specialising in the home equity-release market.Preston-based Key Retirement Solutions, formerly Countrywide Retirement Solutions, has taken IFA status to give specialist advice to the retired marketplace.The company believes the equity-release market is set for considerable growth and says homeowners are becoming increasingly equity-rich but cash-poor.It says the average weekly […]

Rushed into retirement

My company has been put in receivership. With my 60th birthday in a few weeks, everyone seems to be rushing me with regards to my pension. Is it possible to slow things down a little? I can understand the reasons for rushing you but I hope we will find that not only is it unnecessary […]

Barclaycard to sponsor Premier League

Barclaycard will sponsor the FA Premier League for the next three seasons in a £48m deal.The competition will be called the FA Barclaycard Premiership from the start of next season.Barclaycard will use the sponsorship to accelerate the growth and development of its businesses in the UK and support its expansion internationally.The deal includes worldwide marketing […]

Value remains within European equities

By Rob Burnett, Neptune European Opportunities Fund

In recent months, investors have become more pessimistic about both the European and the US economic outlook and yet stockmarkets have pushed on to new highs. Some would argue that this is a worrying divergence. We would take the opposite view. This appears to be classic bull market behaviour. A wall of worry has been rebuilt, and stockmarket resilience should be taken as a sign of strength. The market is discounting an improving economic outlook ahead, particularly in the south of Europe.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com