Fintech firm Centology has partnered with Options UK to launch a digital self-invested personal pension (Sipp), International Adviser can exclusively reveal.
The Sipp is now available to advised clients and provides them with access to a low cost and completely paperless pension.
Rollout of the Sipp adds to Centology’s range of products which include Isa/Jisa’s and GIA’s, with development ongoing on a range of investment linked annuity products.
Joe Power, operations manager at Centalogy, said: “Utilising our technology and Options’ technical expertise we’ve created a SIPP with real time data and unparalleled functionality across the industry. Clients deserve control and transparency when it comes to their financial future, the Centology Options Sipp precisely delivers that.”
Christine Hallett, managing director at Options UK, added: “The product provides an innovative technology driven solution for advisers to add value and deliver excellent customer outcomes for their client. In short, it will enable them to deliver on the new Consumer Duty principles which is key to the industry moving forward.”