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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.”



Aifa wants FSA to set out simple and basic advice differences

Aifa is calling for the FSA to clearly set out the difference between simplified advice and the current basic advice regime. Director Robert Sinclair says it is not yet clear how simplified advice will differ from basic advice. He says: “The FSA has a regulatory framework within which people can operate, which is split into […]

Lighthouse Group forms advice tie-up with union Prospect

Lighthouse Group has formed a partnership with Prospect which will see it become the exclusive provider of financial advice to the union’s members. Prospect, which represents managers and professionals, has over 121,000 members in sectors including agriculture, defence, energy, telecoms and transport. The contract will run for three years. Lighthouse Financial Advice managing director Paul […]


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