Home
Last updated 23rd December 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 
Literature Download Application Pack including Key Features, Fee Schedule, Important Information, Terms & Conditions and Application Form
Initial/Set up fee £195
Annual fee £300
Transfer in fee None
Transfer out fee Basic fee: £200 per transfer, plus an investment charge per asset for investments that need to be disinvested, and £130 per asset for in-specie transfers
Transfers to overseas schemes: From £300
In-specie transfer in fee £130
Income Drawdown Initial: £225
Ongoing: £195 per year, not charged if income is not taken
Additional Income Drawdown fees Mandatory Income Drawdown reviews £165
Calculation of additional Income Drawdown tranches, £180
Initial set up of regular pension payments (after Income Drawdown established), £100
Annuity purchase fee £175
Payment of death benefits fee From £300
Other fees Set-up of regular contributions (if not established with SIPP), £30
Subsequent single contributions, £30
Two contributions, £50
Three or more contributions, £80
Variations to regular contributions, £30
Refund of contributions made in error, £30
In-specie contributions, from £500
Standard investment transactions, £30 each
Setting up a new account for in specie transfers, £30
Rights issue charge (if advised to proceed), £30
Change of term to a term deposit, £30
Pension sharing on divorce, from £300
Management
Access: Direct or via IFA Both
Online capability
Details Online SIPP valuation, bespoke illustrations, newsletters and audit bank account view facility via secure portal
Permitted Investments
Commercial property No
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 No
Structured products Yes
Trustee Investment Plans Yes
Insurance company funds Yes
Hedge funds No
Traded endowment plans No
Property purchase
Purchase fee No
Sale fee N/A
Annual property administration fee N/A
VAT registration fee N/A
VAT return fees N/A
Other fees N/A
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 DB transfers? Yes, if IFA advised
Misc
Flexible Drawdown offered Yes
Notes
