Clerical Medical has confirmed it will be offering a self-invested personal pension (sipp) after A-Day in partnership with Suffolk Life.
Entitled the self-invested fund, it will be available through a Clerical Medical individual pension and will allow an extensive range of assets. The work will be split with Clerical Medical carrying out the administration of the pension, while Suffolk Life will carry out the investment administration of the self-invested assets. Essentially, the sipp will be the same as a normal Clerical Medical personal pension, with the ability to invest in the company’s insured funds, but if a person wishes to self-invest they can access the option through a fund link. Kevin Neal, senior marketing e...
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