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Hargreave Hale launches Sipp for active investors

Hargreave Hale has launched a self invested personal pension with no annual charge for active investors.

The firm will outsource the pensions administration to Dunstan Thomas who will provide all new Sipp client administration and employee benefits administration.

‘Active” investors must generate in excess of £250 commission per year to be eligible for the new product.

Hargreave Hale director Adam Caplan says: “We recognise that many people may benefit from using a Sipp as part of their overall tax planning, and like all stockbrokers and portfolio managers we already charge clients for our core services, so our decision to offer clients a low cost Sipp to hold investments in our own tax efficient wrapper, simply made sense.”

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