Seccl launches digital SIPP for accumulation clients

Pensions powered 'with no paper, no post, no salespeople'

Julia Bahr
clock • 2 min read

Seccl has unveiled its own self-invested personal pension (SIPP), a digital pension solution built for Seccl-powered investment platforms.

The SIPP features an online application journey and provides ample client flexibility that allows end-investors to increase, reduce or pause contributions at any time, according to Seccl. It was built in six months, on the same cloud-based, API-first principles as the rest of Seccl's infrastructure to round off its core range of tax wrappers, the firm said. The Seccl SIPP is currently available only to accumulation clients - priced at 0.05% of pension portfolios, with drawdown functionality to follow early next year. The Octopus-owned custodian and platform tech provider said the s...

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