Suffolk Life adds Transact to SmartSIPP

Suffolk Life announced today (25 November) that Transact is the latest platform to be added to SmartSIPP, following the addition of Skandia Investment Solutions last month.

Transact will sit alongside Ascentric, Cofunds, FundsNetwork, Raymond James, Seven IM and Skandia, with Stocktrade providing an execution-only broking option.

SmartSIPP is a self-invested wrapper offering flexible investment options, with administration based on Suffolk Life’s award-winning service proposition.

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Greg Kingston, head of marketing at Suffolk Life, said: “Adding Transact underlines our commitment to deliver the key adviser-focused platforms that the market demands. They’re one of the most established UK platforms with a proposition based on quality service that is important for an adviser and their business.”

Malcolm Murray, head of marketing for Transact, highlighted the Transact’s key objective is to supply advisers/financial planners with a complete set of options to meet the needs of their clients.

He said: “Where we do not offer certain facilities, such as physical property, within our range of pension wrappers, then for several years now we have arranged for our general investment account to be available via a Sipp with Suffolk Life.”