Leading pension provider Pointon York has appointed Quilter Cheviot as a discretionary manager on its investment provider panel for eSIPPs.
Clients investing via the eSIPP will now have access to Quilter Cheviot’s full range of portfolio services, including the Managed Portfolio Service (MPS) and Discretionary Portfolio Service (DPS).
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Quilter Cheviot recently announced that its SIPP funds under management are worth over £2 billion. The firm has over 6,000 pension clients, and is currently adding over 70 each month. In total, it manages over £15 billion, with portfolios held in SIPPs playing a significant role in the firm’s strategy.
Melanie Beaver, business development director at Pointon York, said "Our clients expect their advisors to be able to provide a service that meets their individual needs, which is why we’re delighted to have appointed a firm of the calibre of Quilter Cheviot as a discretionary manager on our panel."
Pamela Reid, executive director and head of the Technical Committee Pension Fund Management at Quilter Cheviot, said: "Portfolios held in SIPPs form a central part of our business, and our aim is to be able to offer our clients the bespoke investment options to support their planning for retirement. Our partnership with Pointon York supports our growth ambitions in the retirement market."
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