Winterthur Life UK has today launched a flexible Self invested personal pension (Sipp) in anticipation of the new A-Day rules due to come into force next year.
The product will have the ability to adapt after A-Day according to the provider, in order to accept a wider range of possible investments. It is also being made available on an adviser only basis. Winterthur says remote control is the main selling point of the product with online and telephone access to consolidated valuations and fund supermarket for intermediaries provided, as well as access to client transaction histories. Angela Baskeyfield, head of product marketing at Winterthur Life UK, says the changes to pensions following A-Day will increase the appeal of Sipps citing recen...
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