Last updated10th April 2017

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Charges

Charges are subject to VAT although shown excluding VAT
Initial/Set up fee£100
Annual fee£250
Transfer in feeNone for cash transfers
Transfer out fee£325 cash transfer out

£650 in specie transfer out
In-specie transfer in feeInvestment related fees apply
Taking BenefitsPayment of PCLS, £105 per event

Payment of pensions, £130 set up

Regular payment of pensions, £125 per annum

Adjustment to regular payment, £125 per adjustment

Ad-hoc payment from existing drawdown, £250 per payment

Payment of UFPLS, £385 per event
Annuity purchase feeNone
Payment of death benefits feeNone
Other feesNB: This option is currently suspended
Transfer of asset in lieu of cash contribution, £750 per arrangement plus £80 per asset re-registration

Investment portfolio established with SIPP investment partner, £0

Investment portfolio established with a non-SIPP investment partner, £0

Direct investments (basic), £60 per investment

Ad hoc SIPP valuation, £60

Management

Access: Direct or via IFAVia IFA only

Online capability

DetailsSIPPView is our online service available to all Rowanmoor SIPP clients and their financial advisers.

It provides a wide range of information, including valuations, financial transactions, asset holdings, benefit details, adviser fees and contact details for the SIPP client, their advisers and the appointed SIPP administrator.

The features of SIPPView include: SIPP portfolio valuations and a breakdown of asset holdings; the cash balance and historic transactions for the SIPP bank account; details of contributions paid and transfers received both in cash and in specie; benefits information, including a breakdown of all crystallisation events; fee history, including adviser fees paid; a direct link to the appointed SIPP administrator via secure messaging. Financial advisers can view all their Rowanmoor SIPP clients’ plan details on SIPPView through their personal account.

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
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
Intellectual property
Brands / Trademarks
Goodwill
Third party loans

Property purchase

Purchase feen/a
Sale fee
n/a
Annual property administration feen/a
VAT registration feen/a
VAT return feesn/a
Other feesn/a

SIPP Bank Account

SIPP bank account providerMetro Bank
Current interest rate0.20%

Structure

Scheme trusteesRowanmoor Trustees Ltd
Scheme administratorRowanmoor Personal Pensions Ltd

Minimum contributions

Regular paymentsNo minimum
Transfers/Single PremiumsNo minimum
Min additionalNo minimum

Company Information

OwnershipPrivately owned
Year established2006
Funds under management£3,950m
Number of SIPPs administered4,500
Defaqto rating4 star

Transfers

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

Misc

Flexible Drawdown offeredYes
Notes

Need advice on your SIPP?

Contact our team of SIPP specialists today:

0115 933 8433

info@investmentsense.co.uk

Online enquiry form

Rowanmoor SIPP

Rowanmoor is a trading name of the Embark Group, providing Self Invested Personal Pensions (SIPPs) , Small Self Administered Schemes (SSASs) and Family Pension Trusts (Family SIPPs).

Rowanmoor Personal Pensions Limited administers around 4,500 SIPPs, which can be opened through an IFA.

The Rowanmoor SIPP has two investment options that allow investment into a wide range of assets, including commercial property, listed and unlisted shares, discretionary fund managers, investment trusts, external deposit accounts and many other assets.

There are no minimum contribution levels to open a Rowanmoor SIPP. However, £2,000 in cash or other easily realisable assets must be retained in the SIPP for fees and liabilities that may arise.

The mandated SIPP bank account is held with Metro Bank and currently pays a rate of interest rate of 0.20%.