Annual Platform ChargesAssetsCharge AmountCharge Frequency
Charge- on value of assets held£0-£50,0000.35%Monthly in arrears
£50,001-£1m0.25%
Over £1m0.10%
Minimum charge£30
  •  Fixed platform admin charge of £10
Dealing FeesCharge AmountCharge Frequency
Standard electronic funds dealing (EMX)£0N/A
Electronic exchange-traded instruments dealing, e.g. equities, ETFs£9.50Per deal
Cancellation of any unexecuted trade£9.50Per deal

 

SIPP ChargesCharge AmountCharge Frequency
Establishment£0N/A
Annual administration£100Deducted quarterly in arrears
Transfers In (cash)£0On receipt of funds and completion of transfer
Administration of death benefits£150On request
Administration of divorce benefits£50 per hourOn request
Annuity purchase£75On transfer to annuity provider
Transfer out£75 per transferOn transfer to new pension provider
Trivial commutation£75On payment of benefits
Ill health£75On payment of benefits

Note: VAT will be applied to all SIPP charges

 

Charge TypeCharge AmountCharge Frequency
Issue of ad hoc copy valuations£25 (plus VAT)On request
Issue of additional Tax Vouchers£25 (plus VAT)On request
Data Protection Request£10On request
Response to accountants or auditorsMin. £50 (plus VAT)Dependant on request
Issue of paper contract£10Per request
Unpaid cheque£50Per incident
Re-registration of investments off platform£10 (plus VAT)Per investment
Transfer of ISA to another provider£25 (plus VAT)Per ISA
Full transfer from Strawberry Invest£75Per transfer

 

Note: Tax on dividends for UK equities is deducted by the registrar before distribution at the basic rate of 10% and is not reclaimable within a Stocks & Shares ISA or SIPP. Interest on cash held within a Stocks & Shares ISA is subject to a flat charge of 20%. Tax notes and references are dependant upon individual circumstances and subject to change.