Momentum Pensions has expanded the investment choices for advisers and clients with the addition of passive, guaranteed and ethical choices.
The new options include a range from Vanguard for the first time, which provides low cost passive funds directly rather than through a fund platform.
In addition, the self-invested personal pension provider has reached an agreement with LV to offer its Protected Retirement Plan, via a Trustee Investment Plan, to provide a guaranteed income over a term established by the adviser and client.
Sharia and ethical options are also available through TAM among others.
John McCreadie, head of sales UK at Momentum Pensions, said: “Whilst these options are available in the market, via a full SIPP for example, we have brought together a rounded choice of investment options offering simplified and varying methods of access with straightforward, fair pricing.
“The continued evolution of our range of investment options reflects demand for simplicity, choice and cost-transparency to ensure value for money and the best outcomes for advisers and their clients.
“The addition of a direct link to Vanguard is just one of a number of important developments for Momentum and reflects our innovative approach to providing appropriate and fair value solutions and to drive our growth ambitions.
“We also believe that the income guarantee option offered through LV is an important and timely enhancement for advisers and their clients who wish to establish a known income stream for a given period, particularly with the recent withdrawal of a well-known provider of such solutions."
Mr McCreadie added Momentum’s strategy is to enable advisers to decide the way the investment is bought rather than sometimes being funnelled by the nature of the wrapper.