PRUDENTIAL has launched a new lower cost self-invested personal pension with direct access to the Cofunds funds supermarket.
The life and pensions firm’s FundSIPP gives access to more than 1100 funds on offer from Cofunds – alongside its existing insured fund range.
Prudential head of individual pensions Julie Mulvanny said: "By offering this new more affordable SIPP option, customers simply pay for the investments they need and use – not all of them want access to a full SIPP at the outset."
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