Pension trustee and administration specialist Alltrust has launched a sophisticated investor self-invested personal pension (SIPP) designed for high-net-worth individuals, experienced investors and the IFAs and wealth managers who advise them.
The SIPP requires a minimum initial fund of £100,000 generated through contributions and/or transfers. Alltrust said the offering allows flexible funding with no requirement for regular ongoing contributions. Investors who use the Sophisticated Investor SIPP will retain full control of investment decisions, Alltrust said, typically working in partnership with a regulated financial adviser. In a press release shared by the pension administrator this morning (2 March), Alltrust said the SIPP is aimed at investors "looking to move beyond standard platforms" to access all markets includin...
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