Costs & Charges

What charges apply to the scheme?

The Group SIPP operates with a combination of 2 charges, which are deducted automatically within the scheme:

1. A platform charge of 0.55% pa, which covers all of the scheme administration and general support services.
    The platform charge reduces for larger fund values, as follows:

    – the first £50,000:                                  0.55% pa
    – between £50,000 and £100,000:       0.40% pa
    – between £100,000 and £500,000:     0.25% pa
    – over £500,000:                                      nil

2. An investment charge, which varies according to your chosen portfolio or funds.
    For the default portfolio, this charge is currently 0.09% pa.

 The total cost therefore starts at 0.64% pa, using the default investment portfolio.

Please note that if you choose an alternative investment portfolio, or select your own individual funds, these may have higher annual charges.