Intelligent Money Intelligent SIPP
Last updated: 21st September 2023
Charges Charges are not subject to VAT
Initial/Set up fee
Nil
Annual fee
£195 pa
Transfer in fee
Cash: nil
Transfer out fee
Time costed @ £150 p/h
In-specie transfer in fee
Time costed @ £150 p/h
Taking benefits
Calculation of benefits: time costed @ £150 p/h
Income payment facility: £90 pa
Review of income drawdown: time costed @ £150 p/h
Annuity purchase fee
Time costed @ £150 p/h
Payment of death benefits fee
Time costed @ £150 p/h
Other fees
In-specie contributions: time costed @ £150 p/h
Interim valuations: £30
Platform investment transactions: nil
Non-Platform investment transactions: time costed @ £150 p/h
CHAPS payments £30
Pensions Sharing administration, time costed @ £150 p/h
Management
Access: Direct or via IFA
via IFA only
Online capability
Details
Online application and illustration system for advisers
Permitted Investments
Commercial property
Unit trusts & OEICS
External deposit accounts
Overseas listed stock and shares
UK listed stocks and shares
AIM shares
Gilts/corporate bonds
ETFs
Investment trusts
Discretionary management
National Savings & Investments
Unlisted shares
Structured products
Trustee Investment Plans
Insurance company funds
Hedge funds
Traded endowment plans
Third party loans
Property purchase
Purchase fee
£150ph
Sale fee
£150ph
Annual property administration fee
£350
+ £75 per additional letting
VAT registration fee
£150ph
VAT return fees
£150ph
Other fees
SIPP Bank Account
SIPP bank account provider
Pooled account
Current interest rate
Zero
Structure
Scheme trustees
Intelligent Money
Scheme administrator
Intelligent Money
Minimum contributions in line with HMRC Rules
Regular payments
No minimum
Transfers/Single Premiums
No minimum
Min additional
No minimum
Company Information
Ownership
Owned by Directors
Year established
2002
Funds under management
circa £2 billion
Number of SIPPs administered
circa 20,000
Defaqto rating
Transfers
Accepts benefits from defined benefit / final salary schemes?
No
Misc
Flexi Access Drawdown /UFPLS offered
Yes
Scheme Pension offered
Yes
Notes
Disclaimer
The information within this section is for your general information purposes only and does not constitute investment advice. It is not an offer to purchase or sell any particular asset and it does not contain all of the information which an investor may require in order to make an investment decision. Please obtain professional advice before entering into any new arrangement. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of the information of this site.