IPM retains prestigious five-star rating for the seventh year in a row
Each year, Moneyfacts – the UK’s leading provider of retail financial product data – undertakes an impartial assessment of the technical merits of SIPP providers.
For the seventh year in a row, we are delighted to report that we have achieved the prestigious five-star rating from Moneyfacts.
The Moneyfacts Annual SIPP & SSAS Star Ratings showcase the most complete products, highlighting the pensions with excellent features and competitive charges.
The products that are awarded a five-star rating offer the most comprehensive range of standout features that set them apart from the rest of the market. Fewer than 2 in 5 of the SIPPs reviewed this year were awarded a five-star rating.
This assessment is made following detailed analysis of up to 50 different factors including:
- Investment options
- Deposit account choice
- UFPLS availability and charges
- Flexi access charges
- Set-up and admin fees
- Property purchase fees
- In specie fees
In a time of change for the SIPP market, this independent assessment and five-star rating gives further confidence to advisers and clients when selecting us.
Lee Tillcock, managing editor of Investment Life and Pensions Moneyfacts, said: “The Moneyfacts Annual SIPP and SSAS Star Ratings highlight the companies that offer the schemes with the most extensive range of features and competitive charges, helping consumers to direct their focus when considering their options.
“The Moneyfacts Annual SIPP and SSAS Star Ratings concentrate on the individual features of a product that consumers will come across when going through the decision-making process. The ratings therefore provide consumers with an extra seal of approval, which should give them the added assurance that they have found a high-quality product for their retirement needs.”
Commenting on the rating, David Sutcliffe, managing director of IPM, said: “We’re delighted to have achieved this prestigious five-star rating for the seventh consecutive year. This proves that we are consistently offering high standards and that our offering is among the best in the market.
“We remain committed to offering advisers and their clients a cost-effective and flexible SIPP, supported by excellent service. We are delighted that our efforts have been recognised by Moneyfacts.”