Stadia Trustees has launched a SIPP with Ipswich Building Society, which will provide access to a wide range of investment vehicles.
The offering is open to investors across the UK, though it is mainly aimed at networks and financial advisers based in East Anglia.
Investors can access investments in land & commercial property, deposit accounts, unit trusts and traded endowments. There is a minimum deposit of £1000 and a one-off all-inclusive fee on the SIPP.
Regularly monitored rates of interest range from 2% to 3.25%, and the package includes full open market access to discretionary fund managers, share dealing platforms and fund trading platforms.
Investors with no experience of share trading must pass a question-based test demonstrating competence in the basics of the process before being granted full access to the share dealing site.
In addition, an e-learning tutorial will guide advisers through using exchange traded funds (ETFs).
Ipswich says the SIPP complies with the FSA's TCF initiative and is also "RDR-ready".
Tony Hales, director, Stadia Trustees, says: "The Ipswich SIPP is an important development in the industry, not only for being one of the first bespoke building society SIPPs but one that is able to offer its investors access to superior technology and a full range of investment options.
"This provides investors with the confidence they will enjoy the best and most cost-efficient online trading."
For further information visit www.ipswichsipp.com
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