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Wrap SIPP

Giving clients more flexibility when investing and managing money or taking an income.

Why consider Wrap SIPP?

  • Best in class retirement options including full range of drawdown options 
  • Simple and clear pricing with tiered platform and product charges
  • Clients have flexible access to their pension fund with a choice of withdrawal options to suit them
  • One of the widest ranges of investment options in the market
  • Provides lump sum and drawdown options for beneficiaries, and trust options for clients to help them pass their wealth to loved ones on death
  • Comprehensive pre-funding so your clients immediately benefit from the tax relief on their savings and investment transactions are completed faster by minimising time out of the market.

Maximising value for your clients

Wrap’s simple tiered charging means clients can benefit by consolidating their savings and investments. Client benefits include:
  • Better investment options, with the ability to apply a consistent investment strategy across a client’s entire portfolio
  • Tiered charges allow clients to reduce the costs on existing pension savings by transferring to Wrap
  • The ability to lock-in low charges on pension savings at retirement with the Wrap Drawdown Price Lock so clients continue to benefit from reduced charges when they begin taking SIPP withdrawals.
Wrap Sipp Case study

Maximising the value of Wrap - case study

Download to find out more about how consolidation can benefit your clients

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Wrap SIPP drawdown

A full suite of drawdown flexibility, including the ability to lock in the best platform charges.

Choice and flexibility

Making it easier to customise drawdown to suit your clients' needs with a full range of options: 

  • Flexi-access drawdown
    Take all or some of the tax free cash entitlement and use the remaining funds to provide a flexible income.
  • Capped drawdown
    Existing capped drawdown clients can remain in capped drawdown, maintaining their annual allowance and taking income payments in line with GAD.
  • Tailored drawdown
    Regular income made up of any combination of tax-free and taxable income, within legislative limits. Wrap SIPP Tailored Drawdown lets you set up an automated instruction so we can help save you time managing your clients’ retirement income.

Read more about Wrap SIPP drawdown

Investment choice

One of the widest investment ranges in the market

Choose from insured funds, collectives, ETIs and third-party off-platform range: cash deposits, structured products, DFMs, unit linked investments

Drawdown Price Lock

Offering better value for your clients

Lock in the best platform charges when client assets are at their highest. This means charges for your client’s SIPP will not increase as they take money out of their pension pot and move back down the pricing tiers.

The price locked in is based on pension and non-pension platform eligible assets, including assets held within a family linking arrangement. The price lock applies to the SIPP platform charge.

Flexibility to apply and reset the price lock once in a 12 month period for each eligible client and to remove the lock at any time.

Drawdown Price Lock calculator

This calculator demonstrates how the Drawdown Price Lock works and lets you see when clients may benefit from locking in their Wrap SIPP charge.

See how different TFLS and/or drawdown income amounts, growth rates and drawdown durations could affect the suitability of the Drawdown Price Lock.

This calculator is for illustration purposes only as every client's circumstances are different.

Launch Drawdown Price Lock calculator

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Find out how Wrap empowers you to do business your way and deliver more for your clients.

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Products

Wrap offers a variety of products to help your clients' save for the future.

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