Press Release
New Multi-Platform product launch
03/02/2013
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London & Colonial is delighted to announce the launch of two new innovative products, the Multi-Platform SIPP and the Multi-Platform Open Annuity.
Retaining many of the outstanding features already associated with their extremely successful SIPP and Flexible Annuity products, these brand new entry level ‘platform’ versions will offer clients exceptional value for money through lower fees and investment opportunities across a range of carefully selected platforms.
As all investment options are contained within the same wrapper, the cost of transfer is removed, resulting in no additional transfer or set up fees for the client and less administration for the IFA.
The independent pensions company has teamed up with a panel of carefully selected platform providers to launch a series of unbundled pension wrappers that will span onshore and offshore from the accumulation to decumulation phase.
Adam Wrench Head of Product & Business Development said “In partnership with an ever increasing panel of platform providers we have been able to unbundle the pension wrapper administration from the Platform investment administration.
The result is a powerful proposition that can flex according to the client’s changing circumstances. We offer a choice of platform providers as well as off-platform flexibility both onshore and offshore. We will be able to offer a consolidated view of all clients across Multi-Platforms whether SIPP, Flexible Annuity or QROPS to QNUPS.”
For further information about these, or any of their other product offerings, call 0203 640 6840.
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Notes to Editors
About London & Colonial
London & Colonial specialises in self-invested products for both UK residents and persons resident overseas.
The London & Colonial Group includes
(1) London & Colonial Holdings Limited – UK parent company
(2) London & Colonial Services Limited which is regulated by the UK Financial Services Authority and operates SIPPs and SSASs
(3) London & Colonial Assurance PLC which is regulated by the Gibraltar Financial Services Commission (matching UK standards) and which offers Open Annuities, QROP Annuities and Open Offshore Bonds
(4) L&C (Administration Services 2) Limited and London & Colonial (Trustee Services) Limited which are both based in Gibraltar and offer the EU SIPP.