Home
Last updated 5th October 2011
Charges
Charges are subject to VAT although shown excluding VAT
Telephone: 01858 419 371
Address: Pointon York House, Welland Business Park, Valley Way Market Harborough, LE16 7PS
Go to Pointon York website
Other ways to stay in touch with Pointon York 
Initial/Set up fee £1,150 plus £110 per member
Annual fee £650 plus £135 per member
Transfer in fee None
Transfer out fee Cash, £255 per member
In-specie, £625 per member
Property in-specie, from £500
In-specie transfer in fee None
Income Drawdown Initial: £225
Ongoing: £190
Additional Income Drawdown fees Mandatory Income Drawdown reviews £165
Calculation of additional Income Drawdown tranches, £180
Income Drawdown calculations, £190
Initial set up of regular pension payments (after Income Drawdown established), £100
Annuity purchase fee None
Payment of death benefits fee None
Other fees Annual trustee fee,£270
Alternative investment transactions, from £150
Purchase unquoted shares, from £500
Sale of unquoted shares, from £500
Share offer of existing unquoted shares, £150
Retirement projections, £190
Actuarial fees apply for target funding, scheme pension, fund split and earmarking
Winding up scheme, £625
Preperation and submission of The Family Trust self assessment tax return if required, £150
Preparation of scheme accounts, £500
Provision of new member to the scheme, £270 per member
New Trustee documentation, £165 per deed
Trustee meetings, time costed from £150
Management
Access: Direct or via IFA Via IFA only
Online capability
Details No online access
Permitted Investments
Commercial property Yes
Unit trusts & OEICS Yes, all platforms allowed
External deposit accounts Yes, unrestricted access to all 'sippable' deposit accounts
Overseas listed stock and shares Yes, all stockbrokers allowed
UK listed stocks and shares Yes, all stockbrokers allowed
AIM shares Yes, all stockbrokers allowed
Gilts/corporate bonds Yes, all stockbrokers allowed
ETFs Yes, all stockbrokers allowed
Investment trusts Yes, all stockbrokers allowed
Discretionary management Yes, unrestricted access
National Savings & Investments Yes
Unlisted shares Yes
Structured products Yes
Trustee Investment Plans Yes
Insurance company funds Yes
Hedge funds Yes
Traded endowment plans Yes
Property purchase
Purchase fee From £1,200
Sale fee From £500
Annual property administration fee £300 per property
VAT registration fee £200
VAT return fees £180 per year
Other fees Multiple tenancy annual administration fee, £120 per tenant
Property development, from £800
Environmental search, £300
Third party property management fees apply
Property syndicate agreements (10+ members), £150 per member
Property parnership agreements (2-9 members), £150 per member
Property joint ownership agreements, £1,000
Overseas property / land purchase, from £3,500
In specie contribution of property, from £500
In specie transfer in of property, from £500
Buyout of property share, £150 per hour
SIPP Bank Account
SIPP bank account provider Pensions Bank Limited
Current interest rate 0.01%
Structure
Scheme trustees Crescent Trustees Limited
Scheme administrator Pointon York SIPP Solutions Limited
Minimum contributions
Regular payments None
Transfers/Single Premiums None
Min additional None
Company Information
Ownership Independently owned
Year established 1971
Funds under management £840 million
Number of SIPPs administered
Transfers
Accepts benefits from defined benefit / final salary schemes?
Yes, if IFA advised
Misc
Flexible Drawdown offered Yes
Notes
