The new Active DFM SIPP, as Brooklands calls it, is designed to complement the company’s existing SIPP and QROPS ranges, according to company communications manager Mark Sanderson.
He said the new SIPP will “open up retirement planning to a whole new sector of the UK and international pensions market…clients who normally tend to get overlooked due to the associated costs”.
Brooklands said it developed its Active DFM SIPP in association with Absolute Return Investment Advisers (ARIA) Capital Management, which provides the DFM element of the product for 1% of the assets under management annually. Having this DFM feature frees up the adviser “to focus on providing the financial planning advice”, Sanderson said.
London-based ARIA’s fund managers have been running absolute return funds since 2008. They currently have five offshore and four onshore (UK) funds, with approximately $200m under management, according to Matt Brittain, one of the company’s directors and portfolio managers.
In addition to overseeing the SIPP’s investments, ARIA also provides advisers with a reporting platform that they can use to help them with their client relationship management, according to Sanderson.
Based in Dubai, Brooklands operates globally and in addition to Dubai, has offices in London, Kuala Lumpur and Wellington, New Zealand.
