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Preston-based financial services firm Taylor Patterson is launching a new online Self Invested Personal Pension (SIPP) to complement its existing portfolio of pension products.
The Lanson SIPP will allow clients and advisers to view information about their SIPP pensions such as valuations and fees, online 24/7.
A SIPP is a personal pension however unlike most traditional personal pensions, SIPPs offer a diverse choice of investments such as directly held commercial property, shares and unit trusts; greater control over pension fund; flexibility over how and when to take benefits in retirement; and full tax relief on contributions, subject to current limits.
Kerry Houghton, business development manager at Taylor Patterson, explained the new online Lanson SIPP is evidence of the company's commitment to providing responsive, high quality client services: “This new product presents an opportunity to help streamline administration due to its limited investment options, in return for lower charges through a new online version of the Investor SIPP,”
"It was introduced in direct response to the needs of our clients and introducers, who expressed an interest in being able to view their SIPP in a live environment."
Allowable investments into this cost effective plan are the increasingly popular fund platforms that offer access to unit trusts, most discretionary fund managers, and stockbroker lead investments.
The Lanson SIPP is also ideal for anyone looking to invest in commercial property in the future, because it is possible to transfer from this contract to Taylor Patterson's Master SIPP at no extra cost and then invest in direct commercial property.
For further information contact Kerry Houghton on 01772 555073.