Our charges are explicit and are set at a level to reflect the amount of work involved. Everyone pays their fair share of the administration costs and you will see that the charges can become cost effective at a very low threshold of contribution input or fund size.
There are many different types of SIPPs in the market place which differ as to investment flexibility and also charging structure. If you, as many of you will, shop around for the best value, we recommend that you check out our "questions to ask".
Establishment & administration
| Establishment |
Nil |
| Annual administration |
Nil |
| Single contribution |
Nil |
| Regular contribution |
Nil |
| Transfer in from another registered pension scheme |
£50 |
| Transfer out to another registered pension scheme* |
£50 |
Notes
- All charges are subject to VAT in addition (Currently 15.00%).
- All charges are due to A J Bell Management Limited and will be deducted from your SIPP cash account.
- *If you wish to transfer out in-specie, then a charge of £10 per line of stock and £20 per unit trust/OEIC holding also applies.
Dealing (internet and telephone)
|
| Shares/Gilts/Corporate Bonds |
Less than £500 |
£9.95 |
|
£500 - £2,000 |
£14.95 |
|
More than £2,000 |
0.75% (max £30) |
| |
|
|
| Unit Trust/OEIC |
N/A |
£20 flat |
| Discounts available on Unit Trusts/OEICs of up to 5.25% on purchases |
Notes
- All initial commission and any specially negotiated discounts of initial charges on unit trusts and OEICs are passed on to your SIPP. See our Funds List for full details. A J Bell Management Limited may receive a rebate of a portion of the annual management charge from certain investment managers and keep this for its own account.
- You will receive a contract note every time you buy or sell an investment.
- There is no charge for the nominee service.
- Dealing charges apply to purchases and sales.
- Stamp duty of 0.5% applies on all purchases (not sales) of UK quoted shares (1% for shares quoted on the Irish Stock Exchange). There is no stamp duty on purchases (or sales) of unit trusts, open ended investment companies (OEICs), exchange traded funds (ETFs), warrants, government stock and fixed interest stock.
- There is a PTM (Panel on Takeovers and Mergers) levy of £1.00 for all deals in UK quoted shares over £10,000.