Sipp trustee European Pensions Management (EPS) is to launch a family Sipp in the next few weeks, ...
Sipp trustee European Pensions Management (EPS) is to launch a family Sipp in the next few weeks, writes Simon Falush. Each family member will have their own plan but the product will pool the assets of all the members together and charge a single establishment fee and annual fee of £50-100. In addition, investment and switching fees will be split between the members. The product aims to take advantage of the £3,600pa contribution allowance all non-earners can now make into a pension. EPS has already set up one such family plan, for its managing director, Francis Moore, and his wife a...
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