Chartwell prepares to launch own SIPPs

clock

IFA firm Chartwell is set to launch its own SIPPs this autumn to add to its ‘investor centre', an online user-led wrap service.

Chartwell will provide its own SIPPs from October or November, Craig Wetton, investment director at Chartwell, tells IFAonline. The company previously sold SIPPs from providers including James Hay but for the first time will offer its own products. Cofunds, an independent investment platform, will run the SIPPs. Clients pay for investor centre in the form of trail commission. There is no joining fee and 50% of the remuneration is paid back as a rebate. The remainder pays for the service. Investor centre users choose their own asset allocations through an online platform that holds their ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read
Larger DC pots hit by weak investment performance

Larger DC pots hit by weak investment performance

Aon’s DC tracker

Holly Roach
clock 01 July 2022 • 4 min read