A J Bell adds 1,000 funds to the Sippcentre platform’s core range
A J Bell today announced the addition of 1,000 funds to their core fund range available on the Sippcentre platform.
This core fund range is available on the Advisory option across the Sippcentre SIPP, ISA and Dealing Account. Advisers will now have access to more than 3,000 core funds of which 2,850 have no initial, dealing or switch charges (for online deals). The additional funds have been added to satisfy the demand for increased choice as adviser firms prepare for the RDR and include a number of institutional share class and index tracking funds.
The following table outlines how this compares with some of the other platforms available for use by advisers.
|
Platform |
Sippcentre |
Cofunds |
Funds-network |
Skandia |
Standard Life |
|
No. Of Funds |
3,000+ core &
3,000 additional |
1,500 |
1,250 |
1,000 |
2,300 |
Source: The Platforum (15/11/2011).
Sippcentre now provides advisers with:
A low cost platform with a competitive and multi-award winning SIPP.
No establishment or administration charges on the ISA and Dealing Account.
More than 3,000 core funds of which 2,850 have no initial, dealing or switch charges. See our funds list
An additional 3,000 funds, UK and overseas shares, gilts, ETFs & ETCs.
More than 30 panel Investment Partners and discretionary fund managers.
Billy Mackay, Marketing Director says, "We regularly carry out research with our adviser users and we are seeing a greater appetite for a wider fund universe. Gone are the days when the addition of a handful of retail funds would be seen as a benefit.
Mackay continued, "In adding 1,000 funds to our core range we are providing greater choice at a competitive price. The addition of many of the index tracking and institutional share class funds satisfies the demand that has been building as firms re-shape their investment propositions for a post RDR world."
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