Seccl launches fully automated drawdown SIPP

A ‘fast and flexible’ way of supporting decumulation clients

Isabel Baxter
clock • 2 min read

Seccl has launched a digital and entirely paperless drawdown self-invested personal pension (SIPP).

This follows the firm's launch of a digital SIPP for accumulation clients at the end of 2022. The accumulation SIPP should provide advisers with a "fast and flexible" way of supporting decumulation clients, according to Seccl.  The Octopus-owned custodian and platform tech provider said this technology can be used on a standalone basis by other custodians or SIPP scheme administrators - or fully embedded via application programming interface (API) into any number of other applications elsewhere in the advice journey. Instead of relying on third-party software providers, Seccl built...

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