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Hornbuckle Mitchell offering new sole trustee Sipp
The new Sipp has been designed to simplify the application process of opening and maintaining a Sipp and the movement of monies.
It has a simpler application form which is 70 per cent shorter than its usual Sipps which can be completed within nine pages.
The firm has also retained the option of the member being a co-trustee via its flexible income pension plan.
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Mary Stewart, sales and marketing director at Hornbuckle Mitchell, said: "We are extremely pleased to be able to offer the Hornbuckle Mitchell Sipp to advisers.
"This venture was borne out of a desire to ease the workload involved in opening and maintaining a Sipp plan by making it sole trustee.
"Sipps remain an integral part of the pensions market and we pride ourselves on being able to offer our advisers a product that meets their needs and those of their clients."
The firm, which is a corporate member of the Institute of Financial Planning, is currently touring with the IFP for a series of roadshows to discuss Sipps and SSASs.
The roadshows, which were also in association with discretionary fund manager Quilter and hosted by IFP chief executive Nick Cann, look at opportunities for Financial Planners post-RDR.
The final sessions are taking place today in West Sussex today and Bristol on Friday.