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Top service pledge as Rowanmoor sets up Sipp

Rowanmoor Pensions is to launch a bespoke Sipp early in the new tax year.

The firm, which currently offers Ssas and family pension trusts, says the product will offer the widest range of investments possible and top-rate service.

Rowanmoor bosses conducted a management buyout from previous owners James Hay in 2006. The agreement prevented the firm from moving into the Sipp market until this year.

Director David Seaton says: “Sipp investors should be able to invest in pretty much anything so our product will put customers in control. It will also offer top-quality service because we believe that there is still a lot of potential in the market for a good service Sipp.”

Richard Jacobs Pensions & Trustee Services managing director Richard Jacobs says: “I will be waiting until I see evidence of Rowanmoor’s quality service before I use the Sipp.”


Phoenix needs to fan the flames

Welcome back to Northern Rock. Let’s hope the Government’s short-term strategy to use taxpayers’ funds to kickstart mortgage lending instead of paying back the bailout will inspire confidence across other lenders and borrowers.

Complex numbers

I sense a growing consensus among intermediary sellers of protection, that the way to survive the every swelling competition from the online aggregators is to try to offer something more than a point and click solution can provide.


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