The Pension Solutions Group

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Changes to scheme bank accounts

First it was the office move (didn’t you know? yeah we’re moving again!) Now we are moving all our banking arrangements to a new home too!

Just like our dead swanky new pad, it’s vital that all services provided by third parties make us feel good.  We are proud of our spotless in-house services and naturally gravitate to providers who share our values.  This includes our banking arrangements.
Cambridge and Counties Bank have been doing us proud for many years.  However, as we move into larger premises (with a big pond out the back!) so must we look for banking partners who can better accommodate our growth now and in the future.

Metro Bank are by far our preferred choice and not least because they have a specialist SSAS and SIPP team. They really understand our products and are dedicated to providing the service our clients and their advisers need from a bank.  Interestingly (ahem) they also have better rates (currently 0.55% on Sterling balances) and, having carried out our due diligence on them, we are really pleased to be switching over to them for all existing and future banking needs.

If you’d like to know more about Metro Bank, please visit their website:

We are in the process opening new accounts for all our clients with Metro Bank but it may take a few months to complete the transfer of all accounts from Cambridge and Counties.  If this change to our banking partner affects you, please bear with us whilst we complete this process.

Of course, if you would like to know more, or if you have any questions, we’d be more than happy to chat them through, send us an email or give us a call; we’re here to help.

PSG Keyring SIPP

Unlike our Open SIPP, the Keyring SIPP is set up on a Master Trust basis with unrestricted options when it comes to receiving benefits.

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