Xafinity, a major player in pensions administration, has launched a flexible SIPP with a menu charging structure which will allow clients to pay for what they use.
Its SIPP is an overhauled version of a product run by Hazell Carr, which was acquired by Xafinity in April 2008. The revamped SIPP product, rated Five Stars by Defaqto, is intended to take customers ‘from cradle to the grave’ with different options as investors’ needs become more sophisticated. It has been designed to enable IFA customers to take maximum advantage of pension transfers including protected rights. Andy Bowsher, director of self-invested pensions at Xafinity, says: “We will help enable transfers. We would not expect advisers to drive transfers forward on their own and wil...
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