Liberty SIPP has reduced its offering to a single self-invested personal pension (SIPP) - Liberty Option SIPP.
This "build-it-yourself SIPP" will replace the firm's Liberty SIPP and Liberty ICON SIPP. Liberty said the move is designed to make its proposition more transparent and easy-to-understand - as well as flexible and low cost for the client. The Liberty Option SIPP only charges clients for what they use. For example, if a client wants to transfer in a property, they pay the property fee; if they want to take an income, they pay the drawdown fee. It will cost a flat annual fee of £150 and offer 1% interest on its cash account from which Liberty will take no commission. The £150 annu...
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