iSIPP Pension Fee Structure

Simple and transparent

When it comes to administering your pension, we believe it is important to provide you with a transparent and simple breakdown of our fees. We do not wrap them into one fee, so it is clear what you are paying, as well as what things we don’t charge for.

What we don't charge for

Set up of your iSIPP | Transfer in of funds | Single or regular contributions | Placing dealing instructions

We do not charge our members for setting up their iSIPP and there are no fees for transferring in your existing pensions and for placing dealing instructions. What’s more, you’ll have 24/7 access to your account with the flexibility to invest in your choice of funds, and our expert team to support you at no extra cost.

Our yearly fees

£200 p.a.

Trust Fee

Every client is well looked after with unrivalled service and this fee covers the award-winning administration of your pension.

0.25% p.a.

Platform Services Fee

Within your account you have 24/7 access to our investment platform for managing and overseeing your fund choices.

The Trust Fee and the Platform Services Fee cover the standard iSIPP service as described in our Terms and Conditions. This document also explains how the fees are calculated and deducted. In addition, you will pay the Ongoing Charges Figure, (OCF), this is a fee charged directly by the fund manager and covers their day-to-day cost of running the fund. OCF depends on the funds you choose. To find out more see our fund choice here.

See our Fee Schedule here

Fee calculator

Calculate your yearly fee

Your investment value

Your annual iSIPP fee*

0.43%

£430

* Fee will be deducted from your investment. Percentage fee calculated based on your daily investment valuation. Fee is deducted quarterly.

The fee value shown above is approximate and for illustrative purposes only.

FAQs

What is OCF?

The Ongoing Charges Figure, or OCF, is charged directly by the fund manager and covers their day-to-day cost of running the fund. These charges vary depending on the choice of funds you select.

Find out more about the different fund options and their OCF here.

What is the Trust Fee?

The Trust Fee covers the general administration of your SIPP which includes the initial set up your SIPP, managing transfers from other pension providers, managing as many one-off or regular contributions, monitoring the compliance of your scheme on an ongoing basis and providing you with the annual report.

Please refer to the Fees section of our Terms and Conditions for more details.

What is the Platform Services Fee?

This is an annual percentage fee charged based on the value of your SIPP that provides you access to our investment platform enabling you to manage your investment choices.