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Merchant Investors to waive SIPP transfer charges

Merchant Investors, a provider of life and pension products, has announced that it will waive the GBP75 transfer charge for all new and existing transfer applications to its OneSIPP until December 31, 2008.

Merchant Investors will also waive the GBP50 top-up charge for existing OneSIPP clients who wish to top up their self-invested personal pension (SIPP) over the same period.

Richard Ellis, head of sales and marketing at Merchant Investors, said: Interest in our OneSIPP has grown massively since launch in January 2007. By structuring our charges in this way we believe we are offering clients the best value deal on the market. And with this new special offer investors are getting an even better deal.