Morgan Lloyd Sipp Services has launched two group self-invested personal pension (Sipp) products – the Morgan Lloyd Directus and the Morgan Lloyd Qualitas.
The Directus is a basic group Sipp product offering a value for money alternative with traditional investment opportunities.
The Qualitas group Sipp provides a framework in which more pension holders can use the full range of allowable investments. It presents employees with the a range of investment opportunities.
Sarah Sandercott, managing director at Morgan Lloyd Administration, said: “We want to challenge the perception that Sipp products offer poor value, acting as expensive wrappers on services that low-cost personal pension plans provide.
“The range of services on offer through Qualitas reflects greater value for money as well as releasing cash for many UK SMEs to invest in the growth of their business
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