We know that today’s financial advisers require flexibility and control to meet different investment objectives with precision through the most appropriate vehicles. That’s why we’ve designed our OneSIPP, a self-invested personal pension (SIPP) solution that offers access to a wide range investment products and services.
Whether your client wants to manage their own pension investments, or would like your help or that of a discretionary manager, we can work together to help you provide what they’re looking for.
The award-winning OneSIPP has been designed to be as flexible as possible within HMRC’s guidelines. Your clients have a wide range of options to invest in, such as shares, gilts and commercial property, subject to being permitted by the HRMC.
Flexibility in retirement
When your clients decide to take their benefits, they can choose to take part of their pension fund and leave the rest invested. Alternatively, they can use their entire fund to provide themselves with an income or take all their fund as a cash lump sum (subject to potential tax implications).
Commercial property and multi-member options
Sanlam offers support and guidance for more complex investment needs and commercial property purchase. Your clients can invest in commercial property as an asset of their pension fund and enter multi-member SIPP (MMS) on a connected or unconnected basis.
What is a connected MMS?
- Member’s spouse or civil partner
- Member’s parents
- Member’s grandparents
- Co-director or co-business partner
- Individual with close business connection
What is an unconnected MMS?
- Enables collective investment in commercial property
- Membership is limited to a maximum if six members
- Members should know each other and be comfortable entering into a long-term investment
If your client is transferring existing pension funds into the OneSIPP, any benefits or guarantees that applied to their previous pension scheme, such as a guaranteed pension or benefits on death, will be lost. By using our Section 32 – Transfer Pension Portfolio, we can help your clients retain these benefits. They can also be combined with other OneSIPP pension investments to access innovative investment options.
Should your client opt for a trust-based or insurance-based SIPP?
While the OneSIPP allows investments into insured and non-insured assets, the default is for assets to be held on the insured side wherever possible (unless they are not permitted links).
Partnering with Sanlam gives financial advisers access to our award-winning fund managers and their research teams. The team has been established for more than 15 years and has experience across a range of asset classes including equities, fixed income, property (listed and non-listed) and alternatives. They have the expertise required to seek out investment opportunities from around the world and adapt to a continuously changing investment environment.
Sanlam’s discretionary management teams have offices across the country and can work with you and your clients to build portfolios to suit their financial needs and requirements. If you choose to work with our discretionary management teams, we’re able to offer reduced product fees on our OneSIPP.