James Hay and IPS Partnership, both owned by IFG Group, have combined to form James Hay Partnership.
The new firm handles 40,000 clients, £12bn funds and deals with 8,000 IFAs. To mark the deal, James Hay Partnership has launched the iSIPP, a web-based product the company says will challenge the AJ Bell SIPPcentre. The iSIPP, which has an annual fee of £180, allows buying and selling of 1,800 collective funds on the James Hay Investment Centre fund platform, and offers execution-only share dearling, a fixed-term cash deposit panel, and a panel of five discretionary fund managers. Today also sees the launch of the James Hay Partnership SIPP, a full SIPP allowing any HMRC-approved i...
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