Last updated15 December 2016

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Charges

Charges are subject to VAT although shown excluding VAT
Initial/Set up fee£250
Annual fee£395
Transfer in feeNone
Transfer out fee£250
In-specie transfer in feeTime costed, £500 for property
Income DrawdownInitial: £100

Ongoing: £100
Additional Income Drawdown feesMandatory review, £100
Annuity purchase fee£250
Payment of death benefits fee£250
Other fees

Management

Access: Direct or via IFABoth

Online capability

DetailsNone

Permitted Investments

Commercial property
Overseas property
Unit trusts & OEICSAll platforms allowed
External deposit accounts
Overseas listed stock and sharesAll stockbrokers allowed
UK listed stocks and sharesAll stockbrokers allowed
AIM sharesAll stockbrokers allowed
Gilts/corporate bondsAll stockbrokers allowed
ETFsAll stockbrokers allowed
Investment trustsAll stockbrokers allowed
Discretionary managementUnrestricted access
National Savings & Investments
Unlisted shares
Structured products
Trustee Investment Plans
Insurance company funds
Hedge funds
Traded endowment plans
Peer to Peer Lending
Intellectual property
Brands / Trademarks
Goodwill
Third party loans

Property purchase

Purchase fee£500
Sale fee£250
Annual property administration feeNone
VAT registration fee£100
VAT return fees£200 per year
Other feesLease renewal / new lease, £150

Borrowing, £250

SIPP Bank Account

SIPP bank account providerRoyal Bank of Scotland
Current interest rate0%

Structure

Scheme trusteesOrganon Pension Trustees Limited
Scheme administratorOrganon SIPP Services Limited

Minimum contributions

Regular paymentsNo minimum
Transfers/Single PremiumsNo minimum
Min additionalNo minimum

Company Information

OwnershipPrivately owned
Year established2008
Funds under administrationApproximately £183 million
Number of SIPPs administered749
Defaqto RatingNot rated

Transfers

Accepts benefits from defined benefit / final salary schemes?
Yes, if IFA advised

Misc

Flexi-Access Drawdown offeredYes
Uncrystallised Funds Pension Lump SumYes
Scheme Pension offeredNo
Notes

Need advice on your SIPP?

Contact our team of SIPP specialists today:

0115 933 8433

info@investmentsense.co.uk

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Organon SIPP

The Organon Group was founded in 2008, and runs both SIPPs (Self Invested Personal Pensions) and SSAS (Small Self Administered Schemes) Organon run over 749 SIPPs totalling more than £183 million funds under administration.

The Organon SIPP can be accessed both directly and via an Independent Financial Adviser (IFA) and the plan allows for a wide range of investments including commercial property and deposit accounts.

There are no minimum contribution levels.

The mandated SIPP bank account for the Organon SIPP is held with the Royal Bank of Scotland.