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Advice firm to create own white labelled full Sipp
Clarkson Wayman Ball, which is headquartered in Market Harborough, has selected Talbot and Muir to provide the new Sipp.
Talbot and Muir also revealed it is in advanced discussions with several other advisory firms about providing a similar service.
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Talbot and Muir will provide full technical support and all administrative and trustee functions to CWB, which also has offices in London and Solihull in the West Midlands.
The CWB Sipp will be marketed to both existing and prospective new clients of CWB as a wrapper for their pension fund investments. Talbot and Muir said that the CWB Sipp will allow a wide range of investments including traded equities, investment funds, DFMs and commercial property and will also offer the full range of retirement options including flexi-access drawdown and un-crystallised funds pension lump sum.
Graham Clarkson, managing director at CWB, said: “Looking to launch a white labelled full Sipp was something we have thought about for some time and we undertook stringent due diligence to ensure we are working with a firm that provides high quality administration, strong technical support and are committed to the market. We found all of this with Talbot and Muir and are looking forward to a successful relationship.”
Graham Muir, principal at Talbot and Muir, said: “CWB is a forward looking adviser firm that really understand clients’ problems and provide solutions that work on an individual basis.
“They are constantly looking at how they can develop their business and what they provide to clients. We believe we are ideal partners and are looking forward to working in partnership with them to aid their exciting growth strategy, providing them with a cost effective solution to the pension planning requirements of their clients and enhancing their wealth management offering. “We are in advanced discussions with several other advisory firms, fed up with poor Sipp administration and requiring a white labelled solution.”