Products and charges
Check out our products and charges, including the Modular iSIPP, Modular GIA and Modular ISA. The Modular iPlan covers all your wrapped products.
Modular iPlan platform
The Modular iPlan is our flexible and cost-effective solution for you to manage your pensions and investments - all in one place.
The Modular iPlan is designed to evolve with the needs of both you and your clients. By selecting different investment modules at different times, you can ensure clients are utilising and only paying for the appropriate investment solutions required at that point in their investment journey. With the additional flexibility to switch and move to new options at a later stage and as deemed appropriate through your advice.
Our efficient and stable solution saves you time, allowing you to focus on your clients’ financial planning, keeping your relationship with them at the heart of what you do.
Key features:
Our Modular iPlan provides the flexibility to amend, change and adopt new investment propositions as the needs of your clients evolve. Covering our investment centre, cash panel, whole of market module and more, we have the solution to suit your clients’ needs.
With our Modular iSIPP at the centre of our proposition, we offer access to GIA and ISA wrappers that can be added on to allow you to efficiently manage your clients’ long-term needs.
Your client only pays for what they use, when they use it.
Useful documents:
What are the benefits?
- A flexible and fair pricing structure means only paying for what you use.
- A full range of investment wrappers including SIPP, ISA and GIA.
- Manage retirement income and investments anytime, at the click of a button.
- A wide choice of investment options with online access to over 3,700 funds from leading fund managers via our investment centre.
Comprehensive support when it’s needed
One of the most important and reassuring aspects of the Modular iPlan is the online functionality that enables you to keep track of client assets.
You can:
- Create an illustration
- Apply online and have the client sign using DocuSign
- Monitor and manage income
- View daily valuations, current and historical summaries
- Trade and rebalance investment centre funds and model portfolios
- Run cross client reports to get meaningful insight across your client base
- ...and much more
Modular iSIPP
The Modular iSIPP is our market-leading product, giving you flexibility and control over your clients’ investments through every stage of their retirement journey.
As one of the first SIPP providers in the UK, we've developed our Modular iSIPP to suit your clients’ needs, offering the ability to take full advantage of pension options, including flexi-access drawdown.
With the Modular iSIPP, you'll have access to over 3,700 funds via our investment centre, a choice of fixed-term cash deposit accounts, panel stockbroking access, whole-of-market investments including off-platform discretionary investment managers, commercial property and a managed portfolio panel solution.
With the Modular iSIPP at the core of our Modular iPlan, you can further enhance the solution with the option to add a Modular ISA or Modular General Investment Account (GIA) at any time.
Useful documents:
There are two additional investment opportunities that can be added for an additional charge.
In line with our modular approach to retirement planning, these modules can be switched on and off if they are no longer required – allowing you to take advantage as your planning approach to retirement evolves, adding another layer of flexibility with an additional cost-saving, benefiting your clients.
Whole of market
The Whole of market module allows funds from external investment providers (outside of the Investment Centre) to be added - offering further options for spreading risk of following specific investment strategies.Commercial property
The commercial property module allows your clients to invest in commercial business premises and land, allowing them to take tax free income from rent and tax free capital growth from property.
Fair charging model
We endeavour to offer good value while ensuring our products are competitively priced.
The annual administration charge for the Modular iSIPP is just £235, with no annual administration charge if you have more than a combined £200,000 invested in the following:
- Our investment centre
- Model portfolios held via the managed portfolio panel
- Product bank accounts
- Cash held in bank accounts in relation to a property
- Deposits on the cash panel, across a client's Modular iPlan products
Our Modular iSIPP gives unlimited flexi-access drawdown and allows single withdrawals via uncrystallised funds pension lump sums (UFPLS).
Did you know?
The Modular iSIPP is the heart of the Modular iPlan, and once it's in place, the Modular ISA and Modular GIA can be added with no additional establishment or annual administration charge*. This not only makes good financial sense, it also delivers a complete retirement wealth planning solution.
*Provided you apply online. Third party and additional module charges may apply. Please refer to the Modular ISA Charges Schedule and the Modular GIA Charges Schedule.
Modular ISA
The Modular ISA is a cost-effective and flexible way to manage your clients’ investments. You can add a Modular ISA to your clients’ portfolios (provided they have a Modular iSIPP in place) at any time, for no extra charge*.
The Modular ISA is a stocks and shares ISA where investors can use up to their full annual ISA allowance of £20,000*, as defined under ISA regulations. This can be managed online alongside other Modular iPlan assets (* for tax year 2024/25).
Managing client income requirements is no longer confined simply to their pension provision and requires a holistic and flexible proposition. The Modular ISA (and Modular GIA) provides this, supporting the management of your clients’ retirement wealth planning.
Useful documents:
Whole of market
The Whole of Market modue allows funds from external investments providers (outside of the Investment Centre) to be added - offering further options for spreading risk of following specific investment strategies.Commercial Property
The Commercial Property module allows your clients to invest in commercial business premises and land, allowing them to take tax free income from rent and tax free capital growth from property.
The Modular iPlan lets you focus on holistic financial planning. Watch our short video guide to learn how to add an additional product to your Modular iPlan.
Please note: you'll need to have a Modular iSIPP in place before you add an ISA or GIA (General Investment Account).
Did you know?
You can also add a GIA to a Modular iPlan for no extra cost*.
If you withdraw an amount from your ISA, you can only reinvest that amount back into an ISA if you have available unused subscription allowance for that tax year. Flexible ISAs are not available with James Hay though availability may change in the future. For further information please contact our Business Development Team.
*There are no set up costs to add a Modular ISA once a Modular iSIPP is in place. Other charges may apply. Please refer to the Modular ISA Charges Schedule.
Modular GIA
The Modular GIA is a powerful way to hold investments directly, with complete control over when and where investments are made.
You can add the Modular GIA to your clients’ portfolio for no extra charge*, provided there is a Modular iSIPP in place. This makes it a very cost-effective way to manage these investments.
Managing your clients’ retirement income requirements is no longer confined to their pension and requires a holistic and flexible proposition. The Modular GIA (and Modular ISA) provides this, supporting the management of your clients’ retirement wealth planning.
Once you have set-up a Modular iSIPP within your Modular iPlan account, you have the option to add the GIA and ISA at any time.
Key documents:
Whole of market
The Whole of Market modue allows funds from external investments providers (outside of the Investment Centre) to be added - offering further options for spreading risk of following specific investment strategies.Commercial Property
The Commercial Property module allows your clients to invest in commercial business premises and land, allowing them to take tax free income from rent and tax free capital growth from property.
The Modular iPlan lets you focus on holistic financial planning. Watch our short video guide to learn how to add an additional product to your Modular iPlan.
Please note: you'll need to have a Modular iSIPP in place before you add an ISA or GIA (General Investment Account).
Did you know?
You can also add an ISA to a Modular iPlan for no extra cost*.
*There are no set up costs to add a Modular GIA once a Modular iSIPP is in place. Other charges may apply. Please refer to the Modular GIA Charges Schedule.
Wrap
The James Hay Wrap offers a flexible and stable solution for you to consolidate your clients’ assets in one place, at a fair price.
Managing investments through the James Hay Wrap enables you to focus on providing a comprehensive wealth management / financial planning service for your clients. The Wrap accepts a wide range of investments, managed in line with the clients’ financial goals, personal requirements and attitude to risk.
Downloads
We have provided some documents below to guide you through the application process.
The following products are available with the Wrap:
SIPP
A whole of market SIPP, developed to suit your clients' needs, offering the ability to take full advantage of pension options, including flexi-access drawdown.
ISA
Investors can use up to their full annual ISA allowance of £20,000* to hold a combination of cash, stocks and shares, unit trusts, etc. free of most UK taxes on income and capital gains. The Wrap ISA is a Stocks and Shares ISA, as defined by the ISA regulations. (* for tax year 2024/25).
The Offshore Bond
The Offshore Bond is provided and administered in the Isle of Man by RL360, and can hold unit trusts and other collective investments. Investment returns are rolled up free of UK taxes, and withdrawals up to 5% per annum/per year are free of immediate tax liability.
The Investment Portfolio
The Investment Portfolio offers the chance to hold a wide variety of investments, including UK and overseas stocks and shares, unit trusts, OEICs, UCITS and cash. Cash may be paid in or out, and existing investments can be transferred in without charge.
Our monthly transaction charges
| Overall Wrap Portfolio Valuation* | Transaction Charging Rate (p.a.) |
|---|---|
| First £500,000 | 0.35% |
| Next £500,000 (up to £1,000,000) | 0.15% |
| Over £1,000,000 | 0.05% |
| Minimum charge | £32 per month |
*Excluding the value of any property held within the SIPP.
Costs and charges
If you’re making fund purchases outside of our investment centre, you can use our costs and charges calculator to work out the impact of the costs on performance.
The tables below show our typical trading charges – please see your product’s charges schedule for full details of our charges.
| Charge type | Modular iSIPP (in Modular iPlan) | Modular ISA | Modular GIA | Wrap |
|---|---|---|---|---|
| One off charges | £20 for one off external investment buy trade (£50 if not submitted via secure message) £100 IM set up charge | £20 for one off external investment buy trade (£50 if not submitted via secure message) | £20 for one off external investment buy trade (£50 if not submitted via secure message) £100 IM set up charge | £20 for a one off external investment buy trade (if not submitted via secure message) |
| Ongoing charges | £134 p.a. WoM module charge (if the client is not currently paying this charge) £94 p.a. (if IM is used) | £134 p.a. WoM module charge (if the client is not currently paying this charge) | £134 p.a. WoM module charge £67 p.a. (if IM is used) | 0.35% p.a. |
| Charge type | Private Client SIPP | Partnership SIPP | IPS & IPS (2008) SIPP | Pension Builder SIPP | PS Family SIPP |
| One off charges | £14 for a one off external investment buy trade | ||||
| Ongoing charges | £200 p.a. 0.15% p.a. if the SIPP value is less than £300k | £133 p.a. (if C&C includes an IM account) | £133 p.a. (if C&C includes an IM account) | £133 p.a. (if C&C includes an IM account) | £133 p.a. (if C&C includes an IM account) |
Please use the link below to access our costs and charges calculator.
Get an illustration
We provide a free personalised illustration when your client applies for a Modular iSIPP, Modular ISA, Modular GIA or Wrap Offshore Bond. This will provide the following:
A comparison of the range of investment options they may select.
A snapshot of how their funds may perform to support their retirement/savings goals.
A range of options for any withdrawals they may wish to receive.
You can create and save as many illustrations as you need across our three core products to get an indication of how different investment strategies might perform over time. Each illustration is saved and can be revisited and amended if changes are required.
Remember that the projections in these illustrations are indicative only and are not guaranteed.
Payroll cut-off dates
Find out the cut-off dates for notifying us of changes to your clients' income.
