Pointon York launches simplified SIPP

The Single Investment SIPP has an AMC of £300 plus VAT, and was created in response to feedback from advisers. Nic Lewis, director of distribution at Pointon York, says the SIPP will appeal to IFAs who want to offer their clients access to a single discretionary portfolio at a low cost. He adds: "Our Single Investment SIPP will be attractive to IFAs looking for access to the whole market. "With no panel restrictions our IFA customers can use any discretionary fund manager, fund supermarket or platform."