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Morgan Lloyd launches two Sipps


Morgan Lloyd Sipp Services has obtained authorisation by the Financial Services Authority for its two new self-invested personal pension products – Morgan Lloyd Directus and Morgan Lloyd Qualitas. 

Morgan Lloyd Directus is a basic Sipp product offering a value for money alternative where a client’s requirements are expected to be fairly straightforward.
Morgan Lloyd Qualitas provides a framework in which more sophisticated pension holders can use the full range of allowable investments. It presents customers with a range of investment opportunities on the market, including a specialist approach to the rapidly growing area of intellectual property asset identification.
Sarah Sandercott, managing director of Morgan Lloyd Administration, a wholly owned subsidiary of Clifton Asset Management, says: “We want to challenge the perception that Sipp products offer poor value, acting as expensive wrappers on services that low-cost personal pension plans provide. The range of services on offer through Qualitas reflects greater value for money as well as releasing cash for many UK SMEs to invest in the growth of their business.”

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