SIPP Options

Two Self-Invested Personal Pension (SIPP) options are available under our Flexible Retirement Plan (FRP), and can be accessed through both the Personal Pension and Income Drawdown plans.

• Full SIPP option
  An extensive range of investment options with the ability to invest directly into commercial property, stocks, shares, unit trusts, OEICs and the Cofunds fund range.
• FundSIPP option
  Lower cost option for clients who only want access to funds from the Cofunds range (subject to investing in a maximum of 20 funds)

Depending on which of our two SIPP options you select, we offer the following client benefits:

• Access to an extensive range of investment options including commercial property
• Access to an extensive range of investment funds via the Cofunds fund supermarket, including special terms with a number of well-known fund managers.
• Low-cost execution only share dealing service through Stocktrade
• Ability to appoint an investment manager or stockbroker
• Basic rate tax relief paid to the pension by HM Revenue & Customs on pension contributions
• Outstanding SIPP administration provided by Suffolk Life including detailed annual reporting of SIPP assets and transactions
• Ad hoc adviser charges can be paid directly from the SIPP, with your client's agreement.
• The SIPP options can be switched on or off at any time - we just adjust the fees accordingly

Additional Adviser benefits:

• Online transactional capabilities to allow you to manage your client's SIPP efficiently and make transactions as quickly as possible.
• Experience and strong brand of Suffolk Life for SIPPs