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An investment platform services provider says it will be adding features to its Sipp wrapper to take advantage of the pension reforms starting in April.

Assets under management have shot through the £1bn barrier at Parmenion, with the company also announcing positive feedback on its new Sipp.

Parmenion has hired a managing director of a wealth management firm as it continues its plans to grow the business following its recent Sipp wrapper launch.
Parmenion has launched an in-house Sipp available to platform clients after finding there was demand from advisers.
Parmenion has appointed a new manager to lead plans for launching the firm's own Sipp wrapper.
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