Duncan Lawrie to unveil Sipp

Private banker Duncan Lawrie is to launch a self-invested personal pension featuring investment choices offered by the group's inhouse investment team as well as external managers. Ian Stewart, a manager at Duncan Lawrie, said the offer was being kept low key, primarily because it features no commission. He said: "This is not a launch from a major provider where you offer terms to attract large funds into a product. It is not something we are going to go out and market aggressively to intermediaries because there is no commission, but if they want to use a fee-based method, that is fine....