Eddie McGuire, Managing Director, @sipp
A warm welcome to the latest edition of the @sipp newsletter. I hope this finds you all well and that your business is in the best shape possible. No doubt, like us, you will have been wrestling with the merits of hybrid home/office working models and trying to implement the best solution for you, your staff and your clients. Here at @sipp, our teams have returned to the office for a few days a week so that they can re-engage and collaborate with their colleagues as well as getting some much-needed social interaction. This is working very well for us and it is very much business as usual.
In this edition, we have included 3 very interesting articles which I hope you will find time to enjoy.
Firstly, our Head of Technical Services, Lee Halpin (who needs no introduction to many of you) covers some of the key technicalities surrounding the change in the normal minimum pension age to 57. This is something that will be on your radar for those clients who will potentially be affected by this.
Lee then goes on to outline the benefits of our “customer thermometer” initiative to mark the one-year anniversary of its introduction. A slightly lighter topic, but well worth a read.
I am also delighted to include a guest article from Simon Brennan at Smith and Williamson, who looks at the merits for advisers of using a DFM investment solution. This is clearly extremely topical as more and more advisers are turning to outsourced investment solutions. Of course, an easy and economical way of accessing such solutions for DFMs is the fixed-price, @sipp Solo SIPP wrapper. Definitely worth a closer look as it could result in significant cost savings for your clients when compared to some of the more expensive, platform-based solutions.
As our business levels have begun to recover strongly, we have experienced a recent, significant spike in commercial property enquiries from IFAs and clients. Many of these are connected party transactions whereby business owners are looking to release cash back into their business to give it a much-needed boost. There are also a growing number of opportunistic investment properties as some clients have amassed more cash/transfer values in their pension funds and are looking at alternative asset classes.
If this is something that would benefit your clients’ then our Business Development Managers would be delighted to devise a solution for you.
Anyway, enjoy the read, and thank you, as always, for your continued support.