Call Us01858 419300

Primetime announces Pointon York as SIPP provider

Follow us on:

Primetime Retirement, the new name for Living Time, has followed up the announcement of its rebranding with news of the launch date for its unique retirement proposition, the Primetime Retirement Plan.

Primetime Retirement had previously revealed that the benefits of their new plan would be delivered through a structured deposit, provided by Investec. The deposit will come packaged within a SIPP wrapper, the Primetime Retirement SIPP, and today Primetime has revealed more details about the SIPP and the launch itself.

Kim Lerche-Thomsen, CEO of Primetime Retirement, said: "We are delighted to be able to announce the launch of the Primetime Retirement Plan, with our first Issue opening for business on the 12th of March.  We will be offering four different plan options at outset, including an accumulation option available to those aged 49 and over.

"Our plan offers those approaching as well as those already ‘in’ the primetime retirement years a flexible proposition and unique set of benefits, all contained within a SIPP wrapper. We are very pleased to announce that our SIPP is being provided by Pointon York. With over 40 years of experience in the pensions sector, Pointon York’s SIPP expertise is a vital component of our proposition and is a brand many IFAs know and trust."

Jo French, Managing Director of Pointon York said: "It’s fantastic to be working alongside Primetime Retirement on this unique SIPP-based proposition. The solution this brings to the retirement market is completely unique and is set to revolutionise the way IFAs look at SIPPs and retirement planning in general."

The Primetime Retirement Plan will initially be available in four different options, offering a mixture of fixed income, a guaranteed maturity lump sum and the potential for an investment upside, depending on the performance of the FTSE 100 share index.

The plan can be used within an existing SIPP arrangement, but for those clients who don’t already have one, Primetime Retirement will be providing the plan pre-packaged and free of set-up and administration charges.  For those who want additional investment flexibility beyond the Investec structured deposit, this will also be available at an additional charge.

Among the unique features of the plan, the rates offered are age and sex neutral and the plan also comes with something Primetime Retirement is calling ‘Value Protection Plus’ - a lump sum death benefit that pays out the initial investment less income or the market value of the investment at the point of death, whichever is higher.  Clients will also be allowed to leave the plan early if they become ill or if one of up to four named financial dependants dies during the plan term.

Speaking of the forthcoming launch, Lerche-Thomsen added: "We are looking forward to opening the doors once again and engaging with IFAs.  We have arranged a webinar in the week before launch to give IFAs more details about the plan and the rates available in the first Issue.

"With Investec and now Pointon York alongside us as we roll out our latest innovation into the retirement market, we feel we have a remarkable proposition to share with IFAs.  All the feedback we have had so far has been positive and we are ready to get off to a flying start."

Further details of the rates for the Primetime Retirement Plan will be released one week before launch.

Adviser Registration

Provides access to:

  • Bespoke illustrations
  • Online applications
  • Technical updates
  • Risk profiling

Register here

Join our Email List

 

 

Join Our Email List
Email:

Pointon York House
Welland Business Park
Valley Way
Market Harborough
LE16 7PS

T
01858 419300
F
01858 419400
E
enquiriesmh@curtisbanks.co.uk

Web Design by 1PCS

Pointon York SIPP Solutions is a division of Curtis Banks Limited authorised and regulated by the Financial Conduct Authority.