Mailings

Monday 5 October 2009

The IPS Partnership Freezes Fees For Its SIPP Product

I am just writing to let you know that The IPS Partnership is freezing renewal and add-on fees for our SIPP product for the 12 months from the 1st October 2009.

This has been a challenging year for IFAs and their clients, many of whom have seen their asset values fall over the last year or more. We are fully committed to supporting the IFA community, and believe that freezing fees will bring welcome relief to clients. We want to do what we can, not only to provide the highest levels of service and administration, but to continue to do so at a competitive rate.

We feel this is a further demonstration of The IPS Partnership upholding the principle of Treating Customers Fairly in its business practice as well as supporting IFAs with their own TCF obligations.

If you have any queries on these issues, please speak to your usual contact.

The IPS Partnership