Hartley Pensions partners with Octopus Investments
Bristol, United Kingdom – Hartley Pensions (A Wilton Group Company) has today announced that the peer-to-peer*** (P2P) solution, Octopus Choice, is available within its SIPP (self-invested personal pension). The partnership comes after financial advisers and direct investors expressed interest in wanting access to the low volatility and regular income from Octopus Choice, but within the tax-efficient* wrapper of a SIPP.
Michael Baber, Technical Director at Hartley Pensions commented on the recent partnership:
“We’ve been working with Octopus for some time now and we are very pleased to be partnering with such a forward-thinking company to provide this solution to new and existing clients.”
Hartley have provided pension products to clients for over 35 years, with all three SIPP products receiving five-star Moneyfacts ratings for two consecutive years.
Charlie Taylor, Head of Octopus Choice, said:
“We’re delighted to partner with Hartley Pensions and give their customers access to Octopus Choice within a SIPP. It’s something many advisers and their clients have been asking for, so it’s great to be able to give them this option.
Property backed peer-to-peer lending is an alternative asset class that aims to offer lower volatility than equity markets and targets regular income. Octopus Choice, for example, aims for the equivalent of 4% per annum. These qualities can make it an attractive option for certain people, comfortable with the risks of the asset class, who want to diversify their SIPP portfolio.”
*HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.
** The value of an investment and any income from it, can fall or rise. You may not get back the full amount you put in.
***Peer-to-peer investments are not protected by the Financial Services Compensation Scheme (FSCS).
