Self-invested personal pension (SIPP) specialist James Hay Partnership has reported positive results following the overhaul of its business model.
The SIPP outfit said it has more than 37,000 self-invested personal pensions under administration and surpassed its target of writing 250 new SIPPs a month in October, with a record 258. The interim management statement from parent company IFG Group said performance was on track and its core businesses were performing well “despite challenging economic conditions”. The firm also operates fee-based advisory firm Saunderson House. The results said the outfit was well position for the Retail Distribution Review and was winning new clients. IFG said it proposed a £30m return of ca...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes