Last updated27 March 2019


Charges are not subject to VAT
Initial/Set up feeFunds £200,000+ nil

Funds less than £200,000 : £550
Annual feeFunds £200,000+ nil

Funds less than £200,000 : £750 pa
Transfer in feenil
Transfer out feenil
In-specie transfer in feenil
Taking benefitsnil
Annuity purchase feenil
Payment of death benefits fee
Other fees


Access: Direct or via IFAvia IFA only

Online capability


Permitted Investments

Commercial property
Overseas property
Unit trusts & OEICS
External deposit accounts unrestricted access to all 'sippable' deposit accounts
Overseas listed stock and shares
UK listed stocks and shares
AIM shares
Gilts/corporate bonds
Investment trusts
Discretionary management
National Savings & Investments
Unlisted shares
Structured products
Trustee Investment Plans
Insurance company funds
Hedge funds
Traded endowment plans
Intellectual property
Brands / Trademarks
Third party loans

Property purchase

Purchase fee nil
Sale feenil
Annual property administration feenil
VAT registration feenil
VAT return feesnil
Other fees

SIPP Bank Account

SIPP bank account providerBank of Scotland
Current interest rate0%


Scheme trusteesIntelligent Money
Scheme administratorIntelligent Money

Minimum contributions

£200,000 into IM Optimum Portfolios
Regular paymentsNo minimum
Transfers/Single Premiums
Min additionalNo minimum

Company Information

OwnershipPrivately owned
Year established2002
Funds under managementcirca £2 billion
Number of SIPPs administeredcirca 20,000
Defaqto rating


Accepts benefits from defined benefit / final salary schemes?No


Flexi Access Drawdown
/ UFPLS offered
Scheme Pension offeredYes