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James Hay

Companies | 25 Mar 19

Saunderson House parent sold to private equity firm

Deal follows aborted 2018 sale that saw £3m offered to advisers to encourage them to stay

Companies | 30 Aug 18

Saunderson House sale U-turn weighs on profits

Parent company IFG Group sets aside £2m to address legacy issues and to retain advisers

Industry | 1 Aug 18

Phoenix Life admits error in closing Sipp

The UK’s Pensions Ombudsman has upheld a complaint against insurer Phoenix Life, but absolved financial product provider James Hay of any wrongdoing, after a self-invested personal pension (Sipp) was wrongly disinvested.

Life assurer chief executive departs over differing views

Companies | 19 Apr 18

Duo at helm during Saunderson House sale U-turn resign

In the wake of its surprise decision not to sell advice firm Saunderson House, two senior departures have prompted parent company IFG Group to reshuffle its senior management team.

Companies | 2 Feb 18

£5.1bn UK advice firm up for sale

Despite growing assets under management by 10%, the parent company of UK advice firm Saunderson House is looking to sell the business. Sipp provider James Hay will be retained, even as it faces a £20m fine for investments in defunct Guernsey-listed biofuel scheme Elysian Fuels.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.