Gold investments via SIPP from Standard Life

Tuesday, 15 February 2011 04:33

Standard Life and GoldMoney have joined together to provide SIPP clients with the chance to invest directly in gold bullion.

Customers will be able to access Goldmoney's website 24 hours a day, seven days a week, where it will be possible for them to buy and sell gold bullion.

Alistair Hardie, head of pensions accumulation at Standard Life, said: "Advisers and clients have asked us to introduce gold bullion as part of our specialist SIPP proposition."

He added the SIPP has a broad appeal, as evidenced by the firm recently passing the 100,000 customer mark.

The spot price displayed on the GoldMoney website is based on the trading prices from the London Bullion Market Association marker market prices.

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