Xafinity drops SIPP prices alongside technology upgrade

The set-up fee for its self-invested personal (SIPP) product has been reduced from £150 to £95 plus VAT for online applications. It has also reduced its annual membership fee by £60, from £250 to £190 plus VAT for the standard single investment version, and from £299 to £240 plus VAT for a two investment SimplySIPP, which allows investors to use two different investment strategies, should they wish to. The updated pricing for the Xafinity SimplySIPP has been achieved as part of "ongoing technological advancements to improve product value while continuing to offer the same service", th...