SG Hambros launches an in-house SIPP

8 February 2008

SG Hambros Bank Limited, part of SG Private Banking, has launched an innovative Self- Invested Pension Product (SIPP). SIPPs allow clients to control the way in which their pension fund is invested. They can manage their pension themselves, or appoint an authorised financial adviser or asset manager of their choice to do this for them. These products have gained popularity with many higherincome earners as they are now permitted to make much larger contributions into this approved structure, which also offers a greater control over the selection and range of eligible investments.

The main benefit of this SIPP offered by SG Hambros is that it is a bespoke product which will allow clients to invest in a wide range of investment solutions, including private equity funds and structured products, an area in which SG Hambros has a specific and recognized expertise. The choice of mandates includes a full discretionary service, or advisory portfolios where the client has the final decision on each investment.

SG Hambros will offer a comprehensive SIPP service that will allow clients to hold a broad range of eligible investments, whether UK or offshore.

Christine Ross, Head of Financial Planning for SG Hambros and Eric Giachardi, Pensions Manager, will oversee the introduction of this exciting and innovative new product.

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