Standard Life, Fidelity FundsNetwork move on wrap

Standard Life will be provider, trustee and supplier of administration services for the FundsNetwork SIPP. Further details, such as pricing and commission arrangements, will be released this autumn as Fidelity looks to finalise its Sipp offer in time for next April’s introduction of new pension rules. The platform is also set to add Standard Life’s Sigma pension fund range, which means the Sipp should enable access to both insured pension funds and mutual funds. The onshore single premium investment bond will be jointly developed, and should enable investors to put their money into a...