SIPPs: Liberty to launch new SIPP

Liberty SIPP 150pxLiberty has announced the launch of a new Self-Invested Pension Plan (SIPP). The Liberty Option SIPP is designed to reduce complexity and make life easier for clients and advisers alike. Speaking to Investment Sense, John Fox, Managing Director of Liberty said: “Our aim is to be able to fit our fee schedule on the back of a business card, it needs to be that simple and easy to understand.” John continued: “The key feature of the new Option SIPP is one of fairness; investors will ...

SIPPs: Investment Sense extends their SIPP tables

SIPPs: Investment Sense extends their SIPP tablesWe launched our SIPP (Self Invested Personal Pension) tables, showing a range of information, including charges and allowable investments, in September last year. Since then we have regularly added more SIPP providers and we now cover nearly 80 SIPPs. A year on, and in response to questions and queries we have received, we have now extended the tables to provide even more information....

SIPPs: Why are interest rates on SIPP deposit accounts falling?

The interest rates on SIPP deposit accounts have been falling for a few weeks now, although the downward trend has gathered momentum over the past few days. We all know that Bank of England base rate has been stuck at 0.5% for over three years now, but just what is causing the recent reductions in SIPP deposit account interest rates? Swap rates Need advice on your SIPP?...

SIPPs: SIPP providers who allow riskier investments forced to hold more capital?

The subject of capital adequacy for SIPP providers reared its head again yesterday, with the FSA (Financial Services Authority) saying that it may force SIPP providers, who allow riskier SIPP investments , to hold more capital than their rivals. Capital reserves SIPP providers are currently required to hold capital equal to six weeks overhead as demonstrated by the audited accounts. Need advice on your SIPP?...