SIPP: Metro Bank surge to the top of the best buy tables

Metro BankInterest rates on deposit accounts have been in the doldrums since the financial crisis and show no signs of increasing if the latest guidance from the Bank of England is to be believed. We are therefore delighted to report that at least one bank is pushing up interest rates on their SIPP deposit accounts. Metro Bank has recently risen to the top of our best buy tables for SIPP deposit accounts for their one year, 18 month and three year fixed rate products. Fixed rate SIPP deposit accounts Metro Bank’s one year fixed ...

SIPPs: Is your SIPP provider about to cut your investment options?

Is your SIPP provider about to cut your investment optionsA clue to the attraction of a Self-Invested Personal Pension (SIPP) is in the name; self-investment, which allows investors to have a wider choice, greater flexibility and more control. Until now perhaps. Many of the reasons investors are attracted to SIPPs could be seriously undermined if a recent trend towards more restrictive investment choices continues. What’s changing? Many SIPP providers, although not all, are restricting the types of investments whey will allow members to hold within their SIPP....

In the spotlight: Richard Dunn from Metro Bank

Metro BankWe recently caught up with Richard Dunn, Partnership Director at Metro Bank; the latest and very welcome addition to our best buy table for SIPP (Self-Invested Personal Pensions) and SSAS (Small-Self Administered Schemes) deposit accounts. Investment Sense: Richard, Metro Bank is relatively new to the UK, perhaps you could start by explaining a little more about the bank and its history.   Richard Dunn (right): Of course....

SIPP: Metro Bank launches deposit accounts for SIPPs

Metro BankSIPP investors have a new deposit account option, after Metro Bank recently launched a range of accounts for self-invested pensions. A new name in banking when they launched in 2010, Metro Bank promised a revolution, aiming to deliver “unparalleled levels of service and convenience” through their telephone, online and branch services. Indeed Metro Bank is the first new high street bank in over 100 years. Metro Bank SIPP deposit account...