White-label platform Fundment bolts on SIPP service

Charges start at 0.35%

Tom Ellis
clock • 1 min read

Automated investment platform Fundment has added self-invested personal pensions (SIPPs) to its white-label service for advisers.

The SIPPs will be administered by provider Liberty SIPP, with prices starting at 0.35% for funds worth less than £50,000 and dropping thereafter. Funds of up to £150,000 will be charged at 0.25%, while investments worth more than £150,000 will incur a charge of 0.20%. The fees include the SIPP wrapper, investment management, custody and all transactions. Fundment said its platform would allow advisers to assess their clients' needs and risk profiles, as well as "seamlessly invest" and manage their assets through an inbuilt discretionary fund manager. They would be able to service t...

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