Barclays has announced a deal with Aegon Scottish Equitable to become the first UK protected investment provider to offer its range through a SIPP.
Aegon SIPP clients will have access to the entire Barclays protected investment range, from growth maximising products to fixed return level plans. IFA commission is 3% for most products, with commission sacrifice available to fee-based advisers. The full range includes: Minimum Return Plan Protected FTSE Plan, three or five year FTSE Super Tracker Defined Returns Plan, three or five year with yearly kick-out options Income and Growth Plan Barclays Wealth director Colin Dickie says Aegon's decision to offer protected investments through a SIPP could encourage others to follow ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes