Switching to eSIPP - delivering more benefits for both clients and Financial Advisers
17 April 2008
by James Hay
Extensive enhancement and development of our eSIPP means it now offers improved functionality and investment flexibility that could meet most clients' needs - particularly those who don't need or want to pay for all the extra features offered by our Private Client SIPP (e.g. the ability to hold commercial property). Combined with the opportunities available through the James Hay Investment Centre, eSIPP could deliver a better deal for many clients who currently hold either a James Hay Private Client SIPP, or SIPPs with other providers.
- No annual administration fee
- No James Hay transaction charges on buying, selling or switching in the Investment Centre
- An exclusive eSIPP Special Deposit Account rate - offering 6.4%1 fixed for 1 year
- Access to over 1,300 funds in the Investment Centre
- Online speed and simplicity.
Switching is easy, and those who switch to an eSIPP can enjoy a host of additional benefits including an exclusive 1 year fixed cash deposit rate of 6.4%1.
It's not just clients who benefit. Financial Advisers moving their clients to our dynamic, online eSIPP will be entitled to initial and trail commission on the sale of the eSIPP - and an additional 0.1%2 of the value of all new assets invested and/or re-registered into the James Hay Investment Centre (which equates to £1,000 on a portfolio of £1m) before 31st December 2008. Plus, we'll pay 0.1%2 of the value of the amount invested into the eSIPP Special Deposit Account between now and 31st October 2008.
The eSIPP is also simpler and easier to manage - freeing Financial Advisers up to focus on managing the portfolio, and fee based advice, rather than time-consuming administration.
Even if switching to eSIPP isn't suitable, then transaction charges can still be significantly reduced by re-registering assets in the James Hay Investment Centre. And should the exact same fund not be available then there are over 1,300 alternatives to choose from - almost guaranteeing that we can offer a suitable match. And Financial Advisers will be paid 0.1%2 of the value of all new assets invested and/or re-registered into the Investment Centre between now and 31st December 2008.
It couldn't be simpler to switch. Our eSIPP Switcher Pack contains everything you'll need. To order yours, simply call us on 0845 600 3098 or visit http://esipp.co.uk/brochure
1 The eSIPP Special Deposit Account is a 1 year fixed term and fixed rate investment (minimum deposit £10,000). This Account is only available to customers who open a new eSIPP with a minimum SIPP fund value of £150,000, or who convert an existing James Hay SIPP to an eSIPP. In both cases a minimum of £30,000 must be invested in the James Hay Investment Centre. Offer is available to Special Deposit Account applications received by 31st October 2008, or earlier if fully subscribed.
2 Subject to the terms and conditions of the Financial Adviser Offers available at www.jameshay.co.uk