Pension and wrap provider James Hay, a sponsor of the Institute of Financial Planning, has finalised its RDR proposition for advisers.
From 1 January 2013, James Hay will offer advisers flexible adviser charging including event driven percentages, flat or tiered rates and access to a fully unbundled Sipp fund platform.
This is alongside features such as the ability to separate adviser and iSipp platform charges, access to a fully unbundled wrap fund platform and illustrations with asset driven growth rates and fund specific charges, which are already available from the firm.
James Hay said it would be writing to advisers over the next few months to detail its full RDR proposition.
"The James Hay iSipp and wrap products have been offering features designed with the RDR in mind for some time but with so much discussion about company offerings and criticism that Sipp providers aren't ready, it was important to update our advisers on what we have been developing and confirm that everything will be in place for the RDR implementation date of 1 January 2013."