Pension specialist Winterthur Life UK has announced the launch of a new flexible self-invested personal pension (Sipp).
The new product is launched in response to the growing Sipp market and could be adapted after A-Day, April 6th 2006 to accept a wider range of investments.
The main feature of the new product is remote control. Valuations and client transaction histories can be accessed via the telephone or the internet, adding to the flexibility of the Sipp.
According to Angela Baskeyfield, head of product marketing at Winterthur Life UK, the broad appeal of Sipps is self-evident. "They allow investors to take greater control over their retirement investments by allowing them to invest in a variety of permitted investments while still getting the tax benefits attached to a pension," she said.
Investors can obtain the Sipp through independent financial advisers only.
Winterthur Life launches new Sipp
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Winterthur Life launches new Sipp
Wed, 04 May 2005
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