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Standard Life adds BMAM and Rathbone IM to Sipp

Standard Life has added discretionary fund managers Brooks Macdonald Asset Management and Rathbone Investment Management to its Sipp platform.

The addition brings the total number of DFMs available via the Standard Life Sipp to ten and all of the DFMs are available through retail, group and wrap Sipp.

Standard Life Sipp head of product Alistair Hardie says: “Sipp is being increasingly used by our clients as a sophisticated retirement planning product and we have responded to strong demand from advisers who use Brooks MacDonald and Rathbones by adding them to our panel.

“We are sure that the addition of two new DFMs increases choice for our customers. Our entire panel of DFMs has been chosen based on reputation, length of experience, level of specialism and customer demand.”

Rathbone Investment Management investment director John Henderson says: “Standard Life and Rathbones are strong players in the SIPP market and we are delighted to be able to combine our strengths through this modern, innovative and flexible pension product.”

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