I don't know if there were several versions of the SP14 preamp relative to outputs, but all of the photos I see of the back panel have two sets of Main L/R outputs. If that is the case with yours, then using one set for the amp and one set for the sub is generally preferable to using a Y-adapter, as the two sets of outputs are usually buffered or isolated and won't have a detrimental affect on the output impedance of the preamp, which is always a possibility when they are passively split.
Yes, the main speakers will be running full range without a high pass filter, but many people run their setups that way. Generally, you can play them a little louder with less distortion when high passed, but there is no hard and fast rule. Many people who use REL subwoofers prefer to use the speaker level connections, running the mains full range and just adding the missing octave(s) with the subwoofer.
Steve