Greg added, "SIPP interest rates never seem to be far from the headlines. The SmartSIPP bank account is transactional with contributions coming in, investment transactions being made and benefit payments being paid. We can now offer advisers the choice of fixed term deposits from the whole of the market allowing them to source the best rates for their clients."
Suffolk Life, an IFP sponsor, recently revealed that investors are now able to access the Skandia Investment Solutions platform via SmartSIPP.
Further information on the types of deposit accounts available via Suffolk Life for SmartSIPP and MasterSIPP can be found at www.suffolklife.co.uk/fixedterm.
Suffolk Life has has total assets exceeding £4 billion and owns over 2,200 properties for over 4,000 SIPP investors. It was established in 1971 and is based in Ipswich, Suffolk Life employing around 200 people.