SIPP Charges
When developing the BrilliantWithMoney SIPP we have worked hard to create an online SIPP with a competitive and transparent charging structure.
If you use a SIPP to invest for your retirement, you should know exactly what you are paying and (equally as important) who you are paying.
What are the charges?
After comparing the entire market, we believe that the BrilliantWithMoney SIPP is one of the lowest cost SIPPs available today.
Here are the charges for the BrilliantWithMoney SIPP. Naked, unadulterated and explicitly clear.
- Set-up – No charge.
- Contributions and transfers-in – No charge.
- Annual SIPP charge – 0.5% to 0.75% per annum.
This annual SIPP charge is made up of three components.
The annual SIPP administration charge is 0.3%.
The annual platform charge (for investments) is 0.25%, although there is no charge on any money held in cash. The platform charge is subject to a minimum annual charge of £150, deducted in monthly instalments of £12.50. This means that the BrilliantWithMoney SIPP represents best value of investors who have pension funds of at least £60,000.
Our annual charge (the number that other online SIPP providers are loathe to disclose) is 0.2%.
Fund costs and charges
- Fund initial charges – varies depending on the funds you select, but discounted to nil for over 2,000 funds.
- Fund annual charges – varies depending on the funds you select, but discounted by 50% for over 2,000 funds.
- Fund dealing – £12.50 per deal for electronic funds dealing.
- Share dealing – £12.50 per deal for electronic equities dealing.
View the fee schedule for the BrilliantWithMoney SIPP.
