The investments you choose may have their own charges and other associated costs (e.g. charges levied by a fund manager, bid/offer spread, stamp duty). Please read the key information document for your chosen investment carefully.
There may be Government levies and taxes when you buy certain shares. For example, Stamp duty of 0.50% applies on all purchases (not sales) of UK quoted shares and there is a PTM (Panel on Takeovers and Mergers) levy of £1.00 that is payable on equity trades with a consideration over £10,000 in securities of companies which are incorporated in the UK, Channel Islands or the Isle of Man.
The annual platform charge is subject to a minimum of £10 per month.
The administration charges are paid to the scheme administrator for operating the pension scheme in line with HMRC and FCA rules and regulations. These charges are subject to VAT for EU residents.
Fees are automatically deducted from your SIPP. You must always ensure that there is sufficient cash in your account to cover our charges and any pension, lump sum or other payments, when they are due for payment.
If you are unsure about any of the charges, please contact us for full details.