The IPS Partnership has launched a family SIPP plan, offering both pooled and individual investment options.
Features of the family SIPP include scheme pension, member trusteeship and protected rights transfers. The SIPP has no limits on membership, and allows all members of the fund to pool their investments, using a combined investment strategy, or individuals can make their own investment decisions. Richard Mattison, business development director at IPS, says the family SIPP can also be used by business partners who wish to pool their pension resources to buy commercial property or private equity. "There is a very real demand for this type of product which has been growing over the las...
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