City Asset Management and Talbot and Muir have joined forces to co-brand a DFM SIPP for advisers and their clients.
City, a specialist real return investment manager, and SIPP specialist Talbot and Muir have partnered to launch a low cost DFM SIPP for advisers and clients. 

The service combines a SIPP and discretionary fund management (DFM) for advisers and their clients with a combined total annual fee of 0.9% per annum.
 
Nick Coghill, chief executive of City, 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.”
 
Graham Muir, director of Talbot and Muir, said: “We 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 that investors can get real-time valuations of their scheme online.  


"For advisers, the use of a SIPP DFM solution is increasing in popularity and we look forward to working with City Asset Management.”   

Talbot and Muir was originally a SSAS specialist but combined its SIPP and SSAS businesses last year.