Standard Life extends SIPP 'safe haven' options

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Standard Life has extended the range of less volatile forms of investment available through its individual, group and Wrap SIPPs in response to adviser feedback.

The new options increase the range of ‘safer haven’ investments available to both new and existing customers, and form part of the ongoing development of Standard Life’s SIPP proposition in the second half of 2008. The first new product Capital Guaranteed Plus is available over one and two year terms and is a capital protected product. It offers growth opportunities depending on the performance of the FTSE 100, subject to a maximum cap, and guarantees the return of capital on maturity. All growth is linked to the FTSE 100 and the product is exclusive to Standard Life SIPP customers. The...

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