Barnett Waddingham retains 'strong' financial rating from AKG

Published by Julia Bassett on

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."
Julia Bassett Partner and Chief Executive Officer, Barnett Waddingham SiPP LLP

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.

Please see below to download the full report.

AKG Financial Strength Assessment 2020

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