Pensions  

Xafinity now offered on Openwork Sipp panel

Xafinity now offered on Openwork Sipp panel

Xafinity’s self-invested personal pension products are now available on the Openwork Sipp panel and can be used by the network's members.

Openwork advisers can now recommend both the Xafinity Sipp and its low cost sister product SimplySipp.

Jeff Steedman, head of Sipp and Ssas business development at Xafinity, said the Xafinity Sipp will provide Openwork advisers access to commercial property investments, as the product now administers 1,700 commercial properties for its clients in the UK.

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“We are pleased to be chosen to work with Openwork and we are already working closely with their advisers up and down the country. Xafinity aim to provide a top class service to each and every Openwork adviser,” Mr Steedman said.

Mike Morrow, wealth and platform director at Openwork, said: “We are delighted to offer this further enhancement to our Sipp proposition and remain keen to ensure that our advisers can progress with real confidence and choice.

“The Xafinity product and the supporting service is excellent and contains all the options, particularly for commercial property.”

julia.faurschou@ft.com