James Hay has launched an eSipp Special Deposit Account offering investors cash returns of 6.4% for a...
James Hay has launched an eSipp Special Deposit Account offering investors cash returns of 6.4% for a one-year fixed term. The group said the account, available on its online Sipp platform, offers the highest available cash rate for Sipp investors. There is a further 0.1% incentive for IFAs who invest clients’ funds through the eSipp platform. The group added that there is no management charge for the cash investment, but IFAs may still charge clients the normal 3% commission and trail.
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes