Talbot & Muir has added a fifth Discretionary Fund Manager option to its new Simple Retirement Account (SRA).
The company says that following the successful launch of its Simple Retirement Account (SRA) it has extended the DFM options by adding Investec to the list of choices.
Investec joints Brooks Macdonald, Brewin Dolphin, Canaccord and Close Brothers and is available immediately.
The SRA is designed to offer a simpler Sipp solution to cut down on the 'complexity' of Sipp products, according to the company.
Talbot & Muir says it has:
• A simplified application process; 1 form and a 24 hour approval process
• Single investment; 1 bank account and 1 DFM portfolio (selected from the above panel)
• Easy charging structure; no setup fee, annual £250 administration charge
• Capped and phased drawdown available
The Simple Retirement Account (SRA) was launched to coincide with the firm's 20th anniversary and, according to the company, reduces the complicated forms and abstract charging models that have become common in the marketplace.
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