Wrap

IFG Group plc completes the acquisition of James Hay

09 March 2010

On March 10th IFG Group plc (IFG) completed the acquisition of James Hay from Santander Private Banking UK Ltd. As the new Managing Director of…

Tax Year End 2009/2010 - Important Information

15 February 2010

The end of the current tax year falls over the Easter Bank Holiday weekend this year. If you want to make a contribution in…

Increase in Minimum Pension Age

25 January 2010

With effect from 6 th April 2010, the HM Revenue and Customs rules governing pension schemes will change. This change increases the normal minimum…

Sale of James Hay to IFG - Questions & Answers

21 January 2010

Why are Santander selling James Hay? Santander in the UK has been completing a full review of its activities to assess…

Announcement of Sale of James Hay to IFG

15 December 2009

Santander in the UK has been completing a full review of its activities to assess and establish the core areas of focus for the businesses…

Refund of excess pension contribution paid in 2009/10 & 2010/11

20 November 2009

We are pleased to confirm that, subject to a charge to cover our administration costs, we intend to offer members of the James Hay SIPP…

James Hay Adds 50 New Funds to SIPP & Wrap Platform

05 November 2009

Funds include Royal London Cash fund and Schroders Global Managed Currency fund. Over 90% of the funds offered have no Initial charge. …

Royal Mail Strikes. Your Post From James Hay

23 October 2009

As you may be aware, the ongoing strikes by the Communication Workers Union (CMU) are continuing to cause postal delays across the country. We…

The latest SPBUK Financial Security Update

24 August 2009

Santander continues to perform well, despite market conditions. Click here for the latest information on our financial position. Download the…

Santander to Rebrand its UK Businesses

27 May 2009

Today it has been announced that Santander is to rebrand its major high street banks. James Hay is proud to be part of…

IMPORTANT Enhanced and Primary Protection Deadline

17 March 2009

The deadline for seeking enhanced and primary protection under pension simplification on your SIPP is drawing near, ALL applications are required to be with the…

Exits restricted on the Norwich Union/Aviva Property fund

12 March 2009

James Hay has been advised that exits are now being restricted on the Norwich Union/Aviva Property Fund. This is effective from 22 nd January…

Standard Life announces payments for benefit of Pension Sterling Fund customers

02 March 2009

Further to our previous announcement regarding the Standard Life Sterling Deposit Fund, we can now confirm that a further communication has…

Announcement in relation to the James Hay/Cater Allen Selected UK Banking plans

06 February 2009

Should any UK Bank, included in a basket of shares for the purposes of a Cater Allen or James Hay Structured Product become nationalised, Abbey…

Changes to Acceptance of Trade Instructions

27 January 2009

IMPORTANT MESSAGE January 2008: We would like to make you aware of changes made to our operational procedures to standardise our processes when placing trade…

ISA Subscriptions for 2008/09

26 January 2009

If your client is intending to make an ISA subscription in the current 2008/2009 tax year, James Hay must be in receipt of the payment and…

Changes to Illustration Projection Rates

15 December 2008

Following an internal review of our Illustration projection rates, as recommended in the recently published report by the FSA on their thematic review of the…

Changes to Cancellation Rights

26 November 2008

Following a review of our processes, cancellation rights will no longer apply to contributions received into a members pension plan. As a result, this…

James Hay to accept protected rights transfers from 1 October 2008

08 September 2008

From 1 October 2008, James Hay, the UK’s largest Self Invested Personal Pensions (SIPP) provider, will be accepting protected rights transfers . …

The James Hay Selected UK Banking Plan

17 June 2008

Offer closes: 28 July 2008 Attracted by long-term prospects in the UK Banking Sector, but concerned about short-term volatility? The…

Revised Non Investment Centre Instruction to Trade Form now available

12 May 2008

Following the successful launch of our Non Investment Centre Instruction to Trade form in January this year, we have recently completed a review of the…

Switching to eSIPP – delivering more benefits for both clients and Financial Advisers

17 April 2008

Extensive enhancement and development of our eSIPP means it now offers improved functionality and investment flexibility that could meet most clients’ needs – particularly those…

ISA Rules are Changing

18 March 2008

As we approach the end of the tax year, and clients are seeking to utilise their ISA allowance, it is an opportune time to recap…

Wrap Ad Hoc Contributions

03 March 2008

If you are intending to make an ad hoc contribution or an ISA/PEP subscription in the current tax year, James Hay must be in receipt…

James Hay Awarded 5 Star Defaqto Rating

01 February 2008

James Hay is delighted to be awarded the prestigious 5 star rating from Defaqto for both its Private Client and Select SIPP. Defaqto…

Special Deposit Account

28 January 2008

With effect from 17th March 2008, provision of the Special Deposit Account facility for James Hay SIPP and Wrap will move from Abbey National plc…

Competition Winner

24 December 2007

The winner of the Nintendo Wii Games Console in our Q4 eNewsletter competition was Chris Spear of BHP Financial Services Limited, Sheffield.

James Hay Win Best Online Wrap / Fund Supermarket Award

20 November 2007

Online Finance Awards 2007 – Best Online Wrap or Fund Supermarket (Lindley Hall, London, Thursday 15th November) James Hay picked up the award…

Mind The Gender Gap – Men Continue To Dominate SIPPs

01 November 2007

85 per cent of SIPPs are held by men (1) Women far more likely to have Wraps…

New EU legislation for financial markets

31 October 2007

From 1st November 2007, new legislation comes in to force across the EU known as the Markets in Financial Instruments Directive (MiFID), with the aim…

Wrap... a clearer vision of the future

21 September 2007

David Philpott of Philpott Reed Partnership LLP believes that Wrap will be the catalyst that delivers a fundamental change in the way IFAs service their…

Changes to Cancellation Periods

11 September 2007

Following a review of the cancellation processes within James Hay, we are now able to invest all transfers and contributions immediately once the monies have…

New look ISA is best kept under Wraps

31 August 2007

The industry is lukewarm about next year’s ISA change, but Wrap investors will find more to be happy about, thinks Shaun Sandiford…

James Hay Adds Investec and Resolution Funds to Wrap Platform

08 August 2007

James Hay has added 11 new funds from Investec and Resolution Asset Management to its Wrap platform. The total number of funds now available on…

Fine-tuning risk is key to managing flexible retirement income

06 August 2007

The move to flexible retirement income solutions continues apace, no doubt given a boost by the fact that income drawdown is now a mainstream option…

James Hay Adds 16 Lloyds TSB Offshore Funds to Wrap Platform

31 July 2007

James Hay has added 16 offshore funds from Lloyds TSB to its Wrap platform. The total number of funds now available on James Hay Wrap…

James Hay Adds 14 Legal and General Funds to Wrap Platform

26 July 2007

James Hay has added 14 new funds to its Wrap platform. The total number of funds now available on James Hay Wrap totals 1,208 from…

James Hay Welcomes Arctic Systems Decision

25 July 2007

House of Lords decision is great news for spousal companies Decision saves company with £100,000 turnover around £7835…

Will the real SIPP please stand up?

01 July 2007

Near-SIPPs and Sippalikes may help tempt entrepreneurially-minded clients on a budget, but will they last a lifetime? Better not to find out, says Shaun…

Chris Smeaton talks about the benefits of using the James Hay Investment Centre...

08 June 2007

The James Hay Investment Centre not only provides access to competitively priced funds across three separate fund ranges but many other benefits: …

James Hay waives cash receipt charge on all new Wrap business

01 June 2007

James Hay is waiving the 0.3% cash receipt charge on all new Wrap applications until 28 December 2007. The offer will apply to new…

Planning with Trusts in the New Era

15 May 2007

The Spring Budget of 2006 came as something of a bolt from the blue for anyone involved in estate planning. Trusts had always been useful…

Advisers need to keep wraps simple

14 May 2007

Too much energy is wasted in trying to define what a wrap is, when all advisers should be asking is what a wrap needs to…

SIPP Regulation

05 April 2007

From today, 6 April 2007, all SIPPs will become regulated under the Financial Services and Markets Act 2000 (FSMA). James Hay Administration Company Limited, the…

When you think 'success', think 'succession'

30 March 2007

Adopting Wrap can transform the value of your business, but your choice of provider will be key to good succession planning, says Shaun Sandiford …

James Hay add Aegon, Fidelity, M&G and Morley Funds to Wrap Platform

26 March 2007

James Hay has added 13 new funds from Aegon, Fidelity, M&G and Morley to its Wrap platform. The total number of funds available on…

Wrap debate with Advisers and key Wrap providers now available to view online

14 March 2007

Stefano Del Federico participated in Asset.tv’s recent online Wrap debate, alongside representatives from Adnitor, FundsNetwork and Standard Life. Chaired by Karen Forrest, CEO,…

Demographic timebomb for IFA industry as 60% fail to plan a business exit strategy

14 March 2007

James Hay Wrap research shows IFAs have not planned to realise the value of their businesses. Average age of IFAs estimated at 54…

Regulation - SIPP and Wrap Literature Updates

12 March 2007

From 6th April 2007, SIPPs will become a regulated product. As a result we are currently in the process of updating our literature and, whilst…

Professional Adviser's round table debate focuses on Wrap

01 March 2007

Chris Smeaton, James Hay’s Propositions and eCommerce Manager, participates in March’s round table debate and provides responses to the following seven questions: …

Wrap – inside the gateway to change (part 2)

23 February 2007

In our last article, Sales Director Stefano Del Federico gave his view that IFAs face a stark choice between stepping up to offer an advice-led,…

Wrap is no panacea, but an excellent way forward

23 February 2007

‘Hype’ does no one any favours, especially when it is unintentional, and the highly partisan nature of much of the debate over Wrap has made…

Wrap – no magic wand but a gateway to vital change (part 1)

22 February 2007

Have Wraps been over-hyped as the panacea for all IFA ills? Following the recent relaunch of its James Hay Wrap, Sales Director Stefano Del Federico…

James Hay Wrap passes on Schroders discount to customers

06 February 2007

James Hay has made the 0% Investment Management Charge being offered on selected Schroders funds available on its Wrap platform. The usual Investment…

Wrap up your troubles

12 January 2007

It has been a number of years since I dealt directly with the complexities of administering trusts. I do remember burning the midnight oil on…

Great progress for Wraps, but a long way still to go

21 November 2006

Abbey Wrap was the first fully functional Wrap proposition to win FSA approval back in 2003 – and has now been relaunched, in enhanced form,…

Stay ahead of the pack - use a Wrap

29 September 2006

The market for financial products is maturing – sales volumes are growing and prices are coming under pressure as products become more alike. Advisers need…

Not quite all wrapped up - but the FSA's point mustn't be ignored

31 July 2006

The FSA’s recently-published study of wraps has given wrap providers a welcome insight into the Regulator’s current thinking – and provides what should be…

James Hay and Abbey expand Wrap funds to over 1,000

31 July 2006

Abbey Wrap, soon to be re-launched under the James Hay name, has passed another growth milestone, with over 1,000 funds now available through its discounted…

James Hay picks up the pace with Allfunds Bank deal

23 June 2006

As one in a series of developments under an accelerated growth plan for Abbey’s Wrap and SIPP businesses, James Hay is announcing a deal with…

Abbey unveils ambitious growth plans for Wrap

15 June 2006

Abbey has announced that it aims to grow its intermediary investment sales by nearly 200% by 2008, demonstrating its continuing commitment to the intermediary…

Wrap - an experience to be understood

18 April 2006

Three years ago the Wrap concept launched in the UK with a number of large UK financial service providers choosing to offer Wrap services. This…