Xafinity has announced the launch of its SIPP. The Xafinity SIPP marks the company's entrance into the advised retail pensions space and was a key driver behind its April acquisition of Hazell Carr, who originally launched the product in 2007.
Xafinity has overhauled the SIPP, enabling the investment of protected rights and bringing it in line with its model. The SIPP offers clients maximum flexibility, with no set-up fees and a capped administration fee, making it attractive to a wide range of investors, particularly those at the higher net worth end. Andy Bowsher, director of SIPPs at Xafinity, said: "Hazell Carr had already developed a market leading SIPP product. We have upgraded this further, in particular adding protected rights capability with no additional cost to the customer. And we have invested to further strengthen...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
