New Sipp for Baillie Gifford

The Baillie Gifford Select Pension will allow investors to choose from more than 1,500 different investments, but is designed primarily as an access point for Baillie Gifford’s investment trusts, which include Scottish Mortgage, Edinburgh Worldwide, as well as its open-ended bond funds. Head of retail Chris Fletcher says: “Investment trusts are a good long-term product and a Sipp is a good way of keeping control.” Dealing commission is rebated for investments into the Baillie Gifford trusts.