Due to demand from our existing customer base we have devised and launched our new SIPP (Self-Invested Personal Pension) product, available to both existing and prospective clients.
The Bestinvest SIPP utilises the supermarket platforms allowing you the freedom to gain access to over 1000 funds, with the choice and capacity to tailor pension portfolios to the asset allocation model most closely aligned with your investment objectives. The Bestinvest SIPP has no initial set-up fee, no annual administration fee, no initial commissions on fund investments and no transaction fees. However, unlike any similar product in the UK market, Bestinvest’s team of investment experts will also provide ongoing bespoke investment advice – something that thousands of our clients currently benefit from on their investment portfolios.
Paul Fox, Head of Investment Advice, Bestinvest:
“We’ve developed this new product in response to huge demand from our clients, who are keen to take advantage of the lower charging structures now available in the SIPP market. We have tied this in with our main area of expertise – independent investment advice – and are confident that we have developed a product that is unique in the UK market.
“Our SIPP offers clients the best of both worlds – a hugely flexible pension wrapper and high quality bespoke investment advice. As with our normal advisory service clients do not pay a further fee for this advice, instead we are remunerated direct from the fund managers, via trail commissions. As such, clients can access high quality bespoke investment advice at no extra cost.
“For clients who are time poor but are keen to take advantage of our highly rated research and investment decisions we are also able to offer a managed SIPP, where the only explicit fee will be our standard investment management charges.
“It is an exciting proposition that we are confident will be highly popular with investors.”
Below are the key points of the service. If you would like further information please follow this link or call our Investment Team on 0800 970 9142 to discuss this fantastic opportunity further.
Bestinvest SIPP overview:
- Bestinvest provides bespoke investment advice to client
- Ability to manage for time poor clients
- No set-up fee
- No annual administration fee
- No dealing or switching fees
- Nil initial commissions when buying a fund through Bestinvest. This can save clients up to £550 per £10,000 invested. The initial charge when buying a fund through Bestinvest is typically just 0-0.5%
- Minimum investment required is £50,000 of pension funds