Dentons reveals plans for new SIPPs

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Dentons Pensions Management has launched two SIPPs as part of its 2009 expansion plans.

The firm also confirmed it is looking to acquire SIPP books and smaller rivals as part of its growth strategy. Dentons is launching a Flexible SIPP, which permits use of the scheme pension method to mitigate a major tax burden on death for those aged over 75. In addition, it will add a simplified SIPP to its range for those who wish to use a single discretionary portfolio manager and benefit from lower charges. The simplified SIPP can also be upgraded to a full SIPP later. The new products will be launched in the second quarter of 2009, when Dentons also plans to look at opportunities...

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