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Client wins at James Hay fell by 22% in the first 10 months of the year according to parent company IFG’s latest trading update.
IFG’s James Hay Sipp and platform business had a good half year with ‘robust’ performance.
The sale of IFA Saunderson House has been abandoned by parent company IFG Group, parent company of SIPPs firm James Hay.
IFG Group, the owners of SIPP company James Hay Partnership, has announced a £400,000 loss in the last year, compared to profits of £6.4m for 2016.

James Hay could be facing a tax penalty of £20 million over the biofuel investment Elysian Fuel.
James Hay Partnership more than doubled the number of Sipp sales last year, it revealed today.
IFG, the parent company of Sipps specialist James Hay, has rejected a conditional bid offer.
IFG, the parent company of Sipps specialist James Hay, has confirmed it has received a bid offer.
James Hay Partnership has reported opening a record 4,220 new SIPPs this year in its latest interim statement covering January to October.

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