Sipp provider Talbot and Muir has unveiled its new Sipp, the Simple Retirement Account (SRA), which it says will stress simplicity and offer 4 DFM choices.
Talbot and Muir, which has been in business for 20 years, says the new product will "combat complexity."

Among the features are:
• one application form with a promised 24-hour turnaround
• one single investment, made up of a bank account and one DFM portfolio.
• one charge - an annual administration charge of £250. No set up fee and no other costs.
• A choice of four DFM.

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The company has teamed up with DFMs Brooks Macdonald Asset Management, Brewin Dolphin, Canaccord Genuity Wealth Management and Close Brothers to provide the investment choice for the SRA.
Talbot & Muir is an independent company providing specialised pensions administration services to Small Self Administered Schemes and Self Invested Personal Pensions. It deals both with clients directly and via professional intermediaries, independent financial advisers, and investment managers.
It is an independent trustee through its associated company, TM Trustees Limited. It is also a member of the Association of Member Directed Pension Schemes.