Ascentric announces Talbot Muir & TM SIPP Services as Product Partner
Tuesday, 18 November 2008
Ascentric, the whole of market Wrap platform, is delighted to announce that advisers can now access Talbot Muir for SSAS and TM SIPP services for SIPPs on their platform. Talbot Muir's SASS and SIPP products include some of the most flexible and innovative plans available to UK advisers and their clients.
Michael Fordham, Executive Business Development Director at Ascentric said, "We are pleased to include Talbot Muir & TM SIPP services amongst the growing list of partners who provide product solutions on the Ascentric platform. Their innovative pension products increase the breadth and depth of product solutions available to advisers using the Ascentric Wrap service."
Nathan Bridgeman, Director of Pension Consultancy at Talbot Muir said "TM supports independent platforms, enabling advisers and their clients to select the solution that best fits their needs. This latest development means that intermediaries can use a trustee who is genuinely independent and an administrator who not only offers both SIPP and SSAS wrappers, but has the ability to take in Protected Rights through its SIPP.
"We are also bolting on SIPPs to new and existing SSAS (to take Protected Rights) so the adviser and client can benefit from having a single view of the client's pension pot. Talbot Muir has also just launched a new Expression of Wish and Bypass Trust that will help advisers to minimise, and in some cases mitigate, IHT on their clients' pension death benefits."
-ENDS-
For further information please contact:
Ascentric
Michael Fordham
Business Development Director
Tel: 0207 553 9170
Mobile: 07718538541
E-mail: michael.fordham@ascentric.co.uk
or
Dominic Ventham
Head of Marketing
Tel: 01225 787208
Mobile: 07590 227039
Email: dominic.ventham@ascentric.co.uk
Talbot Muir
Nathan Bridgeman
Director of Pension Consultancy
Tel: 0115 937 3702, Mobile: 07815 935 387
Email: nathan.bridgeman@tmsippservices.co.uk
Issued by Concise Public Relations
Martin Wood
Tel: 01252 656435, Mobile: 07946 527240
Email: martin@concisepr.com
Note to Editors:
Ascentric and Fundsdirect are the trading names of Investment Funds Direct Limited.
Investment Funds Direct Limited was founded in 1982, and Fundsdirect launched as the UK's first online fund supermarket in December 1999. Since that time, the company has built on their reputation as a leading UK fund supermarket to provide Independent Financial Advisers (IFAs) with a Wrap service under the brand name of Ascentric.
Ascentric is a whole of market Wrap service, available exclusively to IFAs and offers a fully integrated online investment management and dealing platform. It also enables IFAs to transfer their clients' assets onto a single platform to provide them with the ability to manage their client's financial needs in just one place. This is obviously a considerable enhancement to the existing, time-consuming practice of IFAs introducing their clients to a number of different product providers.
In October 2007, a majority holding of Investment Funds Direct Group Limited was acquired by Royal London Group.
For further information about Ascentric and Fundsdirect, please visit either www.ascentric.co.uk or www.fundsdirect.co.uk
Royal London Group, is a specialist financial service provider. Its businesses focus on those sectors of the market which value quality propositions, operating through a number of brands:
- Scottish Life – UK pensions market
- Bright Grey – UK protection market
- Scottish Provident – UK protection market
- Phoenix Life Assurance Limited – provides life and pensions products to Abbey's national branch network
- Scottish Life International – offshore investment markets
- Scottish Provident International – offshore investment markets
- RLAM – fund management
- RLAS – life and pensions administration
- Fundsdirect / Ascentric – funds supermarket; Wrap platform
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £32.4 billion. Group businesses serve around three million customers and employ 2,750 people. Figures quoted are as at 30 June 2008, prior to the acquisition of Scottish Provident's new business capabilities (in respect of individual life protection business) and of Phoenix Life Assurance Limited.