Pru adds Sipp to retirement plan range

Prudential has added a Sipp to its flexible retirement plan range, with Suffolk Life providing property and investment administration. Set up as a private managed portfolio, the Sipp gives access to more than 800 funds via Cofunds, with preferential terms often available, as well as 150 discretionary investment managers. Under the deferred structure, clients can either use the full self-invest capacity at the outset, including shares and property as well as mutual funds, or start within the flexible retirement plan and move to the Sipp structure when they reach £10,000. The group is plann...