JHC Systems partners Delta Financial Systems for SIPP administration

JHC Systems has teamed up with Delta Financial Systems (Delta FS) to offer an integrated SIPP solution to JHC Figaro clients.

JHC Systems partners Delta Financial Systems for SIPP administration

Wealth management firm JHC Systems has teamed up with Delta Financial Systems (Delta FS), a pensions and retirement administration technology provider, to offer an integrated SIPP solution to JHC Figaro clients.

The companies said that the collaboration will offer an alternative to managing multiple systems for SIPP administration, or outsourcing SIPP processing.

JHC clients can now administer SIPPs leveraging Delta FS’s Platinum~Pro technology that covers a range of functionalities such as illustrations, tax reclaims, drawdown, PAYE and regulatory reporting.

JHC CEO John Blackman said: “SIPPS are becoming increasingly popular as individuals take advantage of the less restrictive drawdown rules. To enable our clients to manage their SIPPs efficiently on an integrated platform, we’ve partnered with the providers of what we consider to be the best administration platform available. Our clients can continue to control their SIPPs seamlessly within Figaro, enjoying unrivalled flexibility and benefiting from increased efficiencies, enhanced services and most importantly, significantly reduced costs.”

Delta FS CEO Michael Power noted: “It’s never been more important for wealth managers to have control over SIPPs and our work with JHC will empower their clients on this front. Using our new Platinum~Pro technology, Figaro clients can administer SIPPs in much the same way as they would ISAs—and all within the one solution.”