Zurich UK Life Trustee Investment Plan with flexible options

Zurich UK Life has announced enhancements to its Trustee Investment Plan (TIP). The TIP enables trustees of self-invested personal pensions (SIPPs) or occupational schemes to invest into Zurich's wide range of competitively priced pension funds.  A regular payment facility has been added which is particularly attractive to customers holding commercial property in their SIPP or SSAS who can reinvest rental income quickly and easily.  The pricing structure has also been simplified in response to adviser feedback, with a single fund based charge applying across all customer funds.

Investors are offered added flexibility through the option of taking withdrawals from the plan on a regular or occasional basis without incurring early cancellation charges.

With access to over 190 funds, including a range of Protected Profit funds, Zurich's TIP enables investors to spread their investments and take advantage of a range of funds that may not be available under their existing schemes and which are offered at a very competitive price.

Advisers also have access to Zurich's award winning online portfolio planning tool to help construct and review client portfolios on an ongoing basis to meet their appetites to risk.

Commenting on the launch, Dave Lowe, Pensions Management Director added:  "As well as providing access to a wide range of innovative fund propositions at very competitive rates - we have developed these enhancements to offer advisers and their clients' added flexibility to help maximise potential returns on rental income or from other un-invested funds."

"The improvements to our Trustee Investment Plan are a key part of our strategy for the retail pensions market - to provide a first choice proposition to meet the needs of our customers and advisers."