City Asset Management partners with Talbot and Muir to launch SIPP

Hannah Godfrey reports...

City Asset Management has partnered with Talbot and Muir to launch a discretionary fund managed self-invested personal pension (SIPP) product.

The SIPP is available via City Asset Managemement’s discretionary fund management service. The partnership combines a SIPP and DFM for advisers and their clients for a combined total annual fee on 0.9%

City Asset Management CEO Nick Coghill said: “We are 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.”

‘Client focus’

Talbot and Muir director Graham Muir added: “We have a reputation for our technical expertise and administrative support and are pleased to be working with City Asset Management who share the same client focus.

“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 investors can obtain real-time valuations of their scheme online.”