FundsNetwork's own self-invested personal pension (SIPP) is due to be launched in September and will carry a 0.25% fee.
The SIPP is in addition to the platform's current pension offering from Standard Life. FundsNetwork said the pension will offer competitive pricing and simple integration with its other services. It said it would offer a Retail Distribution Review (RDR) proof investment choice - from launch it will offer unbundled investment options - with more than 1,700 share classes to choose from at launch. Its charges will not include a set-up or annual administration charge. There will be a service fee of 0.25%, plus an annual £45 platform fee. Both capped and flexible drawdown options will b...
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