Alltrust has launched a Sophisticated Investor SIPP for high-net-worth individuals, experienced investors and wealth managers who advise them.
The Sophisticated Investor SIPP builds on Alltrust’s existing SIPP proposition, offering greater flexibility, wider investment choice and enhanced control for clients with complex retirement and investment needs, the pension trustee and administration specialist said.
It is aimed at investors looking to move beyond standard platforms to access all markets including private markets, commercial property and bespoke investment structures.
Members can invest across a broad permitted list, from listed equities and funds through to commercial property, AIM securities, gold bullion, REITs and secured lending.
For those considered knowledgeable investors, the scope is widened to include hedge funds, contracts for difference, property syndicates and unquoted UK equities.
The product also features a syndicate capability, enabling multiple Sophisticated Investor SIPPs to co-invest in shared assets, meaning investors can pool pension capital and access opportunities that would be difficult to reach alone.
With a minimum initial fund of £100,000, funded through contributions and/or transfers, Alltrust said the Sophisticated Investor SIPP allows flexible funding with no requirement for regular ongoing contributions.
Investors retain full control of investment decisions, typically working in partnership with an adviser.
James Floyd, managing director of Alltrust, said: “What advisers have told us is clear: some clients do not need a different kind of pension, they need a purpose-built extension of what already works.
“These are experienced investors who understand markets, who are active in private business and who want to use their pension as a strategic vehicle. They expect access to the same asset classes they invest in outside their pension, and they want a provider that knows how to hold and administer those assets properly.
“The Sophisticated Investor SIPP gives them that depth and breadth, combining genuine investment freedom with robust governance, transparent fees and the tax efficiency that makes SIPPs such powerful vehicles for long-term wealth building and intergenerational planning.”
The new SIPP offers full flexibility at retirement, including drawdown, lump sums or annuity purchase.
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