James Hay Partnership has notified advisers of its Retail Distribution Review (RDR) proposition ahead of its implementation in 2013.
In addition to its current RDR compliant structure, the self-invested personal pension (SIPP) specialist said it would offer flexible adviser charging - including event driven percentages, flat or tiered rates - and access to a fully unbundled SIPP fund platform where permitted within the product from 1 January.
It said it already offers flexible adviser charging, the ability to separate adviser and iSIPP platform charges, access to a fully unbundled wrap fund platform, asset driven growth rate illustrations and illustrations using fund specific charges.
Tim Sargisson, managing director of James Hay Partnership, said: "The James Hay iSIPP and wrap products have been offering features designed with RDR in mind for some time but with so much discussion about company offerings and criticism that SIPP providers aren't ready, it was important to update our advisers on what we have been developing and confirm that everything will be in place for the RDR implementation date of 1 January 2013.
"As one of the largest operators in the SIPP, SSAS and wrap market we have been able to put considerable resource into building the required systems and technology to deliver the above product features and improvements.
"This project is part of our wider commitment to continually develop our products and services in line with the needs of advisers and increase transparency."
The firm said it would be writing to advisers about its full RDR proposition over the coming weeks.
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