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Hay stacks up Sipp details online

Abbey for Intermediaries&#39 self-invested personal pensions arm James Hay is relaunching its online Sipp management service.

The site has been designed to let intermediaries carry out transactions faster. Advisers and their clients can monitor portfolio valuations, view breakdowns of asset holdings and values and look at personal and contact details and transfer details as well as contribution information.

They will also be able to check cash benefits and income levels and email and change to investment instructions, address, benefit amendments through the site.

Abbey media relations executive Mairi Craig says: “We have made the site faster and easier for everyone to use. We have updated a lot of the information and improved functionality.”


Survey says savings gap is exaggerated

Warnings of a savings and pension crisis may be greatly exaggerated, according to new research from the International Longevity Centre-UK. ILC-UK says the savings gap of £27bn is less than the amount passed on each year in inheritance. The research questions Government figures for unsecured debt, saying they may be too high as they include […]

MEP backs adviser against FOS

Conservative MEP Giles Chichester has moved to highlight the plight of a constituent IFA whose business faces closure because of a Financial Ombudsman Services compensation award. He was contacted by the IFA who says he is unable to afford a judicial review. Chichester thinks that the FOS should never have been set up outside the […]

Public to become financial experts

Consumers will quickly turn into astute financial services “connoisseurs” by 2008, forecasts a report from Mori Market Dynamics. Managing director Jon Francis says more education from sources such as media coverage, the internet, Government and product providers will substantially increase consumer knowledge in the next four years. Francis believes this will change the landscape of […]

BBC looking for adviser for new show

The BBC is launching a new TV programme aimed at providing financial advice to the public and is aiming to recruit a financial adviser for a regular slot on the show. The Bank of Mum & Dad is scheduled to start shooting in early March. Producer Ed Crick says he is looking for a charismatic, […]

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


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