Hargreave Hale launches free SIPP for 'active' investors

The SIPP tax wrapper is free to all investors who generate more than £250 in commission each year. Hargreave Hale says its pre-launch research found it was very difficult to compare the SIPP market due to the complexity of charging structures available. As a result, the firm took the decision to make its SIPP free for actively engaged clients to try and make it easier for investors to understand their pension. Adam Caplan, director at Hargreave Hale, says: "We found that the SIPP environment desperately needed some clarity. Many life and pension providers in particular have been offer...