True Potential no-fee SIPP 'will ease consolidation'

Jenna Towler
clock

Financial services firm True Potential Investments has launched a self-invested personal pension (SIPP) with no annual charges or transfer fees to ease the process of consolidation.

The firm said the product would also make pensions more accessible and give clients better value. The launch comes days after the government announced plans to cap annual pension fees between 0.75% and 1%. Senior partner Daniel Harrison said: "Many people have pension portfolios that are fragmented and difficult to manage. The True Potential Pension brings together our technology-focused approach with a great value pension product. "This has been in development for some time but the timing of the launch is perfect as annual pension fees have come under national scrutiny." He sai...

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 Pensions

British Steel a stark reminder of obligations around client files

British Steel a stark reminder of obligations around client files

Lawyer Philippa Hann reflects on her work around the pensions case

Hope Coumbe
clock 27 March 2024 • 2 min read
SSAS and the general levy: A victory for common sense

SSAS and the general levy: A victory for common sense

The value of SSASs after general levy consultation outcome

Caitlin Southall
clock 26 March 2024 • 5 min read
Pension dashboard operators join forces to push project forward

Pension dashboard operators join forces to push project forward

Coalition aims to bring 'dashboards to consumers as early as possible'

Jasmine Urquhart
clock 25 March 2024 • 2 min read