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Claire Trott, head of pensions technical, Talbot and Muir
A SSAS and Sipps firm has announced it is doubling its pool of investment managers which provide access to discretionary fund management services.
Talbot and Muir has partnered with seven further companies as part of its service for clients of its Simple Retirement Account.
The new DFMs are Cazenove, Charles Stanley, European Wealth Management, Henderson Rowe, JM Finn, Smith and Williamson and Vestra.
They join existing panel members Brewin Dolphin, Brooks Macdonald, Canaccord Genuity, Close Brothers, Investec, Quilter Cheviot and Rathbones.

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Claire Trott, head of pensions technical, Talbot and Muir, said: “Many advisers now work closely with their chosen DFM partner to provide the high service levels clients now demand and our SRA product is an ideal vehicle for pension fund monies to be invested in this manner.
“We initially started with five DFMs available to SRA clients but the demand to include others has been high and so we have now increased the number to 14 and will continue to look for additional, appropriate DFM partners.”
Ms Trott added: “We have close working relationships with advisers and listen to their needs, the 14 DFM partners on the SRA panel have been carefully selected based on conversations with advisers who welcome this low cost Sipp option that offers full bespoke Sipp service for their clients who only need a DFM.”
Talbot and Muir described the account as “a low cost DFM only Sipp that now offers access to any 1 of 14 DFM partners and a default bank account with Metro Bank”.
The annual administration fee is £250 plus VAT.

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