Westerby launches its SOLO SIPP
24-07-2008

                                                            

Westerby Trustee Services has now launched its new low cost SIPP which is branded SOLO SIPP.

The SOLO SIPP recognises that not all investors wish to have access to all investment types available through a full SIPP and therefore it allows a single investment into one funds platform (of your choice), or one insurance company Trustee Investment Plan, or an investment with one Discretionary Fund Manager from our selected panel.

Based on this single investment strategy the investor will benefit from lower SIPP administration charges, both initial and annual, whilst also retaining the right to convert into a Full SIPP at any point in time, which would mean reverting to the full SIPP charges.

The SOLO SIPP also allows investors to make single contributions (one free single per annum) or regular annual contributions at no extra cost. A drawdown facility is also available through the SOLO SIPP.

For further information on our new SOLO SIPP, please click on the following link.

SOLO SIPP Product Specification