Legal & General is to review its range of individual pension product offerings, in an effort to bring them in line with changes following A-Day.
The first stage of its revision, taking place on 1 August, will focus on its Sipp offerings. L&G says it will offer a deferred Sipp providing ‘greater flexibility, value for money and administration focus,’ while being introduced at an entry level for individuals to self-invest immediately or at anytime in the future. Last month, Legal & General took the administration of its Sipp in-house to pre-empt expected growth in the market. The firm says it will also provide an ‘open architecture’ pension on the Cofunds platform at a later date, with charges in accordance to the level of investm...
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