Prudential and Hornbuckle have joined forces to launch a self-invested personal pension (SIPP) which utilises the provider's PruFund range.
The joint launch is also designed to help advisers take better advantage of pensions freedom and choice. Pensions freedom, first announced in the 2014 Budget, gave people aged 55 and over complete access to their defined contribution pension pots, subject to marginal levels of tax. The reform package started in April this year. Further reading: What pensions freedom has taught us so far The two firms said the Prudential range of funds aim to provide stable income returns and gives the option to guarantee capital value. Clients can also use the Hornbuckle SIPP to adjust or add i...
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