Scot Life to add sipp under rebrand

From 4 December existing individual pensions will be rebranded as “Pension Portfolio”, although it will have the same core investments through its “Managed Strategies” concept as it does currently. However the insurer also plans to add a Sipp product to its rebranded range, although it says as not all customers will want to use the self-investment facilities, members will only have to pay the extra charges for the Sipp if and when they use it. The new self-invested part of the proposition will have access to over 1,200 funds through the fund supermarket FundsDirect, and will offer an ex...