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Standard Life customers can now hold physical gold through GoldMoney
February 14, 2011 – Investors worldwide view gold as an effective way to preserve their purchasing power over long periods of time. Accordingly, gold is a sensible option when considering how best to allocate your pension investments. GoldMoney, one of the world’s largest providers of physical bullion for retail and institutional investors, and Standard Life, one of the largest pension providers in the UK, have joined forces to provide a practical way for Standard Life’s Self Invested Personal Pension (“SIPP”) owners to hold physical gold bullion.
As of today, Standard Life has added physical gold bullion to the wide range of investment options available as part of its highly successful SIPP. GoldMoney and Standard Life have seamlessly integrated their respective systems so that Standard Life’s customers can now easily and cost effectively trade and store physical gold bullion within their SIPPs.
“We’re delighted to be working with Standard Life to provide an effective solution for their class-leading SIPP product. Facilitating pension investment into precious metals – especially physical gold – remains one of our key objectives, so this new partnership with Standard Life represents a significant step forward for us”, said Geoff Turk, CEO of GoldMoney.
Alistair Hardie, Head of SIPP for Standard Life, commented: “Advisers and customers have asked us to introduce gold as part of our specialist SIPP proposal and I am delighted we can respond by working with GoldMoney. GoldMoney is a well-established company with a decade of experience working with customers wishing to buy and store physical precious metal. Our SIPP has broad appeal, as evidenced by us recently passing the 100,000 customer milestone. We will continue to be responsive to adviser and customer needs to ensure our SIPP remains market leading.”
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Contact:
Damian Beeley dbeeley@pelhambellpottinger.co.uk +44 (0)20 7861 3139Charles Goodwin cgoodwin@pelhambellpottinger.co.uk +44 (0)20 7861 3117
About GoldMoney
GoldMoney is a fast growing company founded by James and Geoff Turk. As one of the world's largest providers of physical bullion for retail and institutional investors worldwide, GoldMoney is combining 21st century technology with the world's oldest money: Gold. The company efficiently uses the Internet to make the online purchase and storage of physical bullion secure, convenient and economical. Residents of 105 countries can establish a GoldMoney Holding to build savings and secure their wealth by owning pure gold, silver and platinum with GoldMoney.com. All precious metals are insured and stored safely and conveniently in specialized bullion vaults in London, Zurich and Hong Kong. By arranging regular audits by independent third-parties, GoldMoney reliably ensures and verifies the contents of the bullion vaults, thereby setting the highest industry standard – the 'GoldMoney Standard' – for safety of its customers' assets.
GoldMoney services can be accessed at www.GoldMoney.com
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Jersey, JE2 3RU • British Channel Islands (UK)
Copyright © 2001-2013 Net Transactions Limited (Jersey, British Channel Islands)
GoldMoney is the Registered Business Name of Net Transactions Limited which is regulated by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998.