Zurich has enhanced its regular payment facility on SIPPs and increased its range of wider assets available.
Among the new options for advisers is the ability to indemnify commission over the first two years, reverting to level commission after that period.
Zurich says the new payment facility is designed to provide advisers and their clients with greater flexibility and investment freedom.
Dave Lowe, pensions management director, says: “We recognise that advisers and their clients are seeking more flexibility as they approach retirement.
“Our new regular premium facility is integrated with the SIPP options and ensures that we are able to provide a full range of solutions to customer and adviser needs.”
Zurich has also increased the range of wider SIPP assets available.
Over 170 funds, including new asset classes such as offshore bonds and structured products are now available to advisers and clients.
Lowe says developing Zurich’s pensions proposition is an evolutionary process.
“Last year we introduced a new protected rights drawdown facility as well as launching our SIPP which have been well received by the market. By widening our SIPP asset range we are appealing to those advisers and their clients looking for alternative investment options.”
The minimum initial lump sum is £10,000 for a Zurich SIPP, with a minimum monthly premium of £100.IFAonline
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