James Hay extends low-cost SIPP

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Wrap and pension provider James Hay has launched additional options on its low-cost self-invested personal pension (SIPP) aimed at mass market clients.

The iSIPP offers a basic range of funds for £180 per year, with additional ‘modules' charged at and extra £50 per year. They include a whole of market option, allowing investments from outside the James Hay; a specialist investments option, including gold or unquoted shares; and a commercial property option. Head of product development Chris Smeaton said it was "vital" for advisers to have solutions for mass-market clients. "This product evolves and grows along with the changing needs and risk appetites of the investors, offering the adaptability to develop more sophisticated portf...

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