Introducing the BrilliantWithMoney SIPP
Today sees the launch of our new online SIPP (Self Invested Personal Pension).
The BrilliantWithMoney SIPP is the result of collaboration between leading firms within retail financial services. Award-winning Informed Choice has worked closely with new third-party SIPP administrator Gaudi Ltd; believed to be the first SIPP provider able to operate totally online in the web 2.0 environment.
The BrilliantWithMoney SIPP is low-cost, entirely transparent, offers a complete range of collective investment funds and competitive interest rates on cash; but is entirely web-based.
There is no set-up charge and no charge for contributions or transfers. The annual SIPP charges ranges from 0.5% to 0.75% and this is described in detail here.
The online application process enables customers to open a SIPP, transfer existing pensions and set-up pension benefit options without resorting to a paper application. Users can manage their SIPP funds online through a single-sign on process with the investment platform.
This SIPP offers complete fund choice. You can choose from over 3,000 investment funds from over 230 fund managers. The BrilliantWithMoney SIPP also enables you to invest in company shares or keep your pension fund in cash earning a competitive rate of interest.
There are no initial fund charges on around 2,000 of the available funds. Most of the funds offer a heavily discounted annual management charge, usually chopped in half.
To find out more about the BrilliantWithMoney SIPP, simply visit www.brilliantwithmoney.co.uk/sipp/.
