Pointon York launches new self invested personal pension

Pointon York Sipp Solutions has launched a new corporate self invested personal pension (Sipp) which offers a greater range of investment options for employees, managers and directors.

Created in partnership with Old Broad Street Research (OBSR) and Praemium, the product SelectCSipp has a three-tiered structure.The first tier, features risk profiling, matching assets and a defined investment outcome to the employee’s attitude to risk working with five managed portfolios from OBSR.

The second tier allows bolt-on investments, such as share incentive plan (Sip) to Sipp, direct investment and unquoted shares, and the top tier, provides full Sipp flexibility for senior managers and company directors.

In addition, SelectCSipp enables pension consolidation and transfers in from other schemes, including state contributions.

Jo French, managing director of service and operations ast Pointon York, said: “It is one of the most flexible corporate Sipp products on the market, providing defined investment outcomes on a risk and reward basis and focused on the end user with the ability to tailor schemes to suit the specific needs of each individual member and their portfolio.”

For more articles on pensions