Choosing a financially robust provider of quality SIPPs is crucial for advisers and their clients. So we’re very pleased to announce that Barnett Waddingham* has retained its ‘B’ AKG** financial strength rating. This means our overall financial strength is officially ‘strong’.
This is the fourth year running we’ve achieved this rating. It demonstrates a continued commitment to our SIPP business, which we are investing in for the long-term.
"Our SIPP business continues to thrive. We now administer over 35,000 SIPPs, totaling £7.3 billion in assets under administration. This AKG rating comes on the back of our recent Moneyfacts five-star rating for our Flexible SIPP. It’s also a great addition to our ‘Silver' rating by independent assessor, Investor in Customers."
The AKG rating assessment helps advisers understand the financial strength of providers. It examines a range of important factors, including company structure, financial data, distribution, product information, service and the make-up of our investment portfolio.
We combine best-in-class technologies with ongoing investment in efficiencies. We aim to always go beyond our clients’ expectations.
*BW SIPP LLP is the entity assessed and rated by AKG.
**AKG is an independent organisation specialising in the provision of assessment, ratings, information and consultancy to the financial services industry. You can read more about AKG here.