Pointon York pens ten distribution deals after £200k loss

The SIPP provider reported a net loss of £204,000 in the six months to 30 September 2011, down from £236,000 in the same period in 2010. Jo French, managing director of Pointon York, said the provider has signed distribution agreements with ten firms in a bid to boost sales, three of which will go live before mid-February 2012. Three of the deals have already been announced. Pointon York will provide corporate SIPPs, individual SIPPs and single investment SIPPs on the Axa Elevate platform. Advisory firms within network Caerus Wealth will have access to an automated e-SIPP, single i...