Asset Managers
PEPs - and subsequently ISAs - paved the way for asset managers to tap into the collective buying power of the general public.
It would be inconceivable now to imagine an asset manager not offering their funds through a subsidised ISA.
Yet whilst SIPPs are still in their infancy, the asset values of pension plans are massively in excess of the total combined PEP/ISA AUM created to date.
The opportunity for asset managers to increase funds under management with SIPPs is simply staggering.
Intelligent Money can provide asset managers with thier own branded SIPP, taking care of all administration and HMRC reporting, in the same format and structure as for your ISA administration.
This allows you to offer your funds within your own SIPP at no extra cost to your clients or their advisers. Please contact us for more information.
Online Platforms & Fund Supermarkets
Few platform providers consider the advantages of having a default SIPP proposition - either under their own brand, or available under the brand of each IFA. However, provided this SIPP proposition is the lowest cost, with the highest service level, such a facility would remove the need for IFAs to have to trawl through a multitude of different SIPP options.
For platforms dealing with retail investors there is as little sense in multiple SIPP offerings as there is in multiple ISA offerings.
If you would like to find out more about how Intelligent Money can streamline your SIPP proposition and increase platform asset please contact us.