Guest Blog: Talbot & Muir to launch Single Asset SIPP

In our latest guest blog, Oliver Bowler, Business Development Manager with Talbot & Muir looks forward to the launch of their new Single Asset SIPP:

Talbot & Muir is delighted to announce that we are well advanced with the development of our latest SIPP offering to complement and enhance our existing product range.

In our 20 year history of SIPP and SSAS administration and trusteeship we have largely specialised in the bespoke end of the market, helping facilitate property and land purchases, unquoted shares and intellectual property purchase, as well as the more mainstream investments.

Our reputation for technical expertise and high emphasis on service and administrative support along with our independent ownership have given us a real edge over competitors and a recent boost in sales in 2013 has reflected this. We therefore feel that the time is right to complete our product range with a low-cost SIPP that has access to a selected panel of Discretionary Fund Managers (DFM).

Our DFM partners for this SIPP will be carefully chosen in order that they meet our technological requirements, being able to link directly with our back office system to enable daily valuation updates so that investors can get real-time valuations of their scheme online. The DFM must also pass our strict due diligence process and, as mentioned, must be of the same mindset as us in terms of offering superior expertise and quality.

Like many other industries, the SIPP market on the whole is facing an endless stream of challenges from the regulators which are on the whole being put in place to protect SIPP investors; this has to be a good thing. However, as a result we are seeing the SIPP market contract with mergers and acquisitions happening seemingly every week, this will undoubtedly be uncomfortable for investors and introducers alike, will their chosen provider be around in 12 months time?

In five years time it is likely that the SIPP market will be a very different animal, so it is more important than ever to question the longevity of your chosen administrator, their profitability and financial strength, their plans for the future – question everything and be assured you are making the right choice for the future!

Once launched our single asset SIPP will complement our product range which will also include:

• SSAS

• Flexible Retirement Account

Scheme Pension

Flexible Drawdown

Capped Drawdown

Own Trust

Multiple Assets

Preferential interest rates

• Elite Retirement Account

Capped Drawdown

Multiple Assets

Master Trust

Preferential interest rates

• Single asset SIPP

Bank account plus one DFM

Master Trust

We think this will send a clear message to the market that we are very much open for business. More details will be available on the single asset SIPP very soon but in the meantime feel free to keep abreast of all the details via our website, which can be found by clicking here and on Twitter @TalbotMuir.