GHC Capital Markets has linked with Intelligent Money to launch a new low cost self-invested personal pension (SIPP) for clients using its investment management service.
The firm said it has launched the wrapper after demand from IFAs. It has no initial, transfer or contribution charges, with an annual charge of £95, plus VAT. Some clients will be exempt from the annual charge, depending on certain investment criteria. It has been designed to enable IFAs to offer clients access to GHC's investment management services. Gary Rusby, head of business development at GHC Capital Markets, said: "We supply our investment management services almost exclusively through professional intermediaries, and we found that many of them were asking us for a simple in...
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