SIPP operator Curtis Banks has introduced the Prudential Trustee Investment Plan (Pru TIP) to its Your Future SIPP.  

The firm says the move will help protect investments held by clients and provide smooth returns.

It says plan “works well in a blended portfolio.

Dave Stratton, group sales director, Curtis Banks, said: “It is a natural addition to our recently launched Your Future SIPP, adding increased flexibility for advisers and their clients.”

The Pru TIP is widely used by advisers and can be accessed by the recently launched Your Future SIPP at an annual SIPP fee of £260 + VAT.

Accessing the Pru TIP with an independent pensions wrapper, such as Your Future SIPP, was said to provide advisers with “total control over the investment strategy and client relationship”.
 
David Waltham, SKD Financial Services Ltd, said: “We use the PruFund as a way of de-risking client portfolios and providing some hedge against volatility.

“The fact that we can now easily combine PruFund with other investment strategies within Your Future SIPP is a real advantage for us.”
 
Vince Smith-Hughes, director of specialist business support at Prudential UK, said: “The PruFund range is incredibly popular with many financial advisers as an investment proposition for their clients who are at or in retirement.

“The link with Curtis Banks makes it more cost effective for advisers to blend PruFund with other investment solutions such as a Discretionary Fund Manager (DFM) or other investment partner.”