James Hay
Saunderson House parent sold to private equity firm
Deal follows aborted 2018 sale that saw £3m offered to advisers to encourage them to stay
Saunderson House sale U-turn weighs on profits
Parent company IFG Group sets aside £2m to address legacy issues and to retain advisers
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.
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.
£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.