Liberty SIPP has become the latest SIPP provider to launch a low cost SIPP (Self Invested Personal Pension)
Liberty SIPP, based in Bury, Lancashire, currently administer 2,000 SIPPs with funds under management of around £150 million.
Commenting on the launch, Matthew Rankine (right) Sales & Marketing Manager of Liberty said: “The new Liberty ICON SIPP is designed for the online SIPP investor and to compete with other ‘slimmed down’ SIPPs currently on the market.”
No initial charge
The charges on the Liberty ICON SIPP can only be described as highly competitive, with no initial charge and just a £95 annual charge.
There are no extra costs for using Income Drawdown or transferring money in from existing SIPPs or Personal Pensions. If money is transferred into the ICON SIPP from an Occupational Pension Scheme, there is a small, £25, charge.
James Brearley & Sons link
To bring such a low charged SIPP to the market Liberty SIPP has teamed up with investment manager and stockbroker, James Brearley & Sons (JBS), who will provide the online platform for investments held within the Liberty ICON SIPP.
The ICON SIPP will allow access to a wide range of investments, including over 2000 collective investment schemes (such as Unit Trusts, Investment Trusts and OEICs),in addition to dealing in shares, gilts, corporate bonds, and structured products. Therefore providing those clients who wish to trade electronically with the simple and intuitive ability to receive live quotes and trade in the widest possible range of asset classes.
Arnie Laing, Marketing Manager of James Brearley & Sons commented: “Clients will have the ability to access an up to-date valuation of their portfolio. Plus access to a wide range of tools and information, including access to latest market information and news. In addition there is a flexible charting facility, to build a list of stocks clients are interested in and then monitor their price movements. “
This online service also incorporates a nominee service and an interest bearing Cash Settlement Account from JBS.
Our team of Independent Financial Advisers in Nottingham are experienced in advising SIPP investors, if you would like to know more about the new Liberty ICON SIPP call one of our IFAs today on 0115 933 8433, alternatively enquire online or email firstname.lastname@example.org