YorSIPP Start Up SIPP
YorSIPP offer two SIPPs (Self Invested Personal Pensions), the Full SIPP and the Start Up SIPP.
Based in Glasgow YorSIPP is a privately owned company, was founded in 2001 and currently administer over 600 SIPPs with total funds under management in excess of £130 million.
The YorSIPP Start UP SIPP is designed for people who want wider investment powers than are available from a Personal Pension, but who do not, as yet, need a Full SIPP. The charges on the Start Up SIPP are therefore lower than for the Full SIPP.
The Start Up SIPP, in common with the Full SIPP, is only available through IFAs (Independent Financial Advisers) and has no minimum level of contribution.
Bank of Scotland run the SIPP bank account, although no interest is payable.