SIPP Partners
When you choose to open a SIPP with SCM Direct you will be entering into a tri-party arrangement, with your money held on the Hubwise Securities Ltd platform as a “Hubwise SIPP”, and SS&C Hubwise Ltd acting as the authorised SIPP administrator. SCM Direct are the discretionary investment manager of your money held within the SIPP tax efficient wrapper.
By choosing to open a SIPP with SCM, it’s important that you understand you are agreeing to be bound by the Terms & Conditions of SS&C Hubwise Securities Ltd.
Once your SIPP application is successful and your account is open and funded, you can view your SIPP 24/7 by logging into your account via the SCM website.
Hubwise Securities Limited
Hubwise Securities Ltd, is the SCM custodian for client money, and is responsible for holding all assets (including ETFs) on your behalf.
Hubwise Securities Ltd is a UK registered company (Number 06071374) and is authorised and regulated by the Financial Conduct Authority (Number 6071374). It has permission to hold client money, safeguard and administer (provide custody for) assets for professional and retail customers.
Hubwise Securities Ltd have insurance in place for Professional Indemnity and Crime as well as an agreement between Hubwise Securities Ltd and Hubwise Nominees Ltd to further strengthen asset security. They have no trading-book exposure as they only act as an agent to place aggregated deals with Fund Managers for collective investments and market counter-parties to place deals in securities.
See our Documents page for more information on Terms & Conditions and SIPP Key Features.