James Hay launches iSIPP platform
James Hay has launched an investment centre platform exclusively for its new iSIPP.
The firm says it has designed the iSIPP product with RDR regulations in mind and the platform will offer a range of regular or ad-hoc adviser charging options.
Instead of taking commission as part of the Annual Management Charge of funds, advisers can choose from a range of adviser charging options from the client’s iSIPP cash account.
James Hay head of product development Chris Smeaton says: “With RDR in mind we have genuinely abolished all commission, together with any find transaction charges to make our iSIPP one of the most competitive on the market today.”