James Hay challenges AJ Bell with new iSIPP

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James Hay has laid down the challenge to AJ Bell's SIPPcentre as it unveils two new pension offerings as part of a rebrand.

Following James Hay's acquisition by IFG Group in 2010, it will be merged with another part of the group IPS Partnership to create James Hay Partnership (JHP) in Q1 this year. The provider also has plans to launch an iSIPP; a product sitting midway between its low-cost web-based eSIPP and its full SIPP. The iSIPP, which will have a low annual charge, will provide access to the JHP platform as well as execution-only stock broking, a panel of discretionary fund managers and a panel of external fixed-term cash deposits. Richard Mattison, business development director at James Hay, say...

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