Friends Prov boosts group pension

The SIPP option, which can include protected rights, will give members a range of stocks, shares and collective investments through execution only stock-broking, fund supermarket and discretionary fund management services provided by investment partners. Employers have the choice to add the option, which would enable all members to be looked after in one Group Personal Pension scheme, avoiding the additional costs of running two schemes, according to Friends Provident. There is no minimum holding required in unitised funds in the integrated offering. As there are no extra charges unti...