James Hay has launched a new online self-invested personal pension called eSIPP.
The eSIPP has a simple charging structure and provides the flexibility of a traditional SIPP without the usual annual charge and set-up fees.
Managing director of James Hays SIPP Division Jan Regnart says: “We are really excited to extend our range of SIPP services. The eSIPP is a competitive and flexible alternative to the traditional SIPP, as portfolios can now be set-up and managed online. Furthermore, we charge on a cost-per-transaction basis, rather than the value of the pension fund. Our product range now enables us to provide advisers with a SIPP for any client, at any stage of their pension life cycle.”