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£1BN Boost For Liberty Sipp

Source: Insider Media | 23rd July 2018

Bury-based Liberty SIPP has added more than £1bn to its assets under management in the past year, clocking its fastest ever period of growth.

The company is now overseeing £2.64bn of client assets, representing an 84 per cent increase on last year.

As of 1 April 2018, it was administering 11,904 self-invested personal pensions (SIPPS), up 3,618 on 2017, meaning it has doubled its client acquisition rate over the past 12 months.

Matthew Rankine, director of sales and marketing at Liberty SIPP, said: "Liberty's fastest ever period of growth is both a source of pride and an inspiration for us to do even better. Barely a year after we broke through the £1bn of assets under management mark, it took us just 12 months to grow our SIPP book by the same amount again.

"This is a huge achievement but we're determined to build on the strength that got us here – our reputation for offering a personal, fast and efficient service.

"We've invested in both technology and people, allowing us to handle much greater numbers of clients while maintaining the personal touch that makes Liberty distinctive – and which is the reason so many financial advisers now choose to work with us."

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