DFM SIPP launched by Talbot & Muir and City Asset Management
26 November 2018
City Asset Management, a specialist real return investment manager, has partnered with Talbot and Muir, the independent self invested personal pension (SIPP) specialist to launch a DFM SIPP product.
The low cost service combines a SIPP and discretionary fund management (DFM) for advisers and their clients with a combined total annual fee of 0.90% p.a.
Nick Coghill, CEO of City Asset Management said the firm had a 30-year track record of working with clients and their advisers and coming up with investment proposition delivered in a simple and cost effective manner.
“We are therefore delighted to team up with Talbot and Muir to offer a structure that will allow financial advisers to access our investment proposition via their SIPP wrapper in a more efficient way.
“The deal offers financial advisers and their clients a competitive transparent fee and simplified administrative process and removes the confusion of various charges with different providers.”
Graham Muir, director of Talbot and Muir added that use of a SIPP DFM solution is increasing in popularity. “The launch of this lower cost SIPP brings together their DFM capabilities with our SIPP offering, linking the technology solutions to enable daily valuation updates so that investors can get real-time valuations of their scheme online.”
Origo is to launch Unipass Letter of Authority (ULoA) at the end of November, a service aimed at simplifying...
Professional Paraplanner’s publisher, Research in Finance (RiF), is a leading research company in the financial services sector. On occasion our readers...
While the aggregated costs and legacy trail commission regime remains far from perfect, some clarity can be gleaned, says...