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.”