Last updated21 May 2019

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Read reviews for the Alltrust SIPP

Charges

Charges are subject to VAT although shown excluding VAT
Initial/Set up fee£375 - Full SIPP
£175 - Oasis SIPP
Annual fee£600 - Full SIPP

£300 - Oasis SIPP (1 investment type)
+ £50 for each extra investment type
Transfer in fee£125 - Full SIPP
£75 - Oasis SIPP

Transfer in of overseas assets, £750
Transfer out fee£125

Transfer out of overseas assets, £375 - £750
In-specie transfer in feeFees will be those applicable to normal transfer in / out, plus relevant transaction fee for each asset. Fee is charged on completion of transaction
Taking BenefitsCalculation & payment of PCLS (advised only): Initial £250

Calculation and payment of benefits
Capped, Flexi-Access & UFPLS
Initial: £350

Conversion to Flexi-Access Drawdown from Existing Capped Drawdown
Initial: £350

Annual Pension and PAYE Administration: £150
Annuity purchase feeTransfer out £125
Payment of death benefits feeNot provided
Other feesPension Scheme Return, £50

SIPP closure, £250

In-specie contribution, £250

Investment Transactions

Investment transaction, £75

Annual fund management administration, 0.25% of total scheme assets (min £750)

Secured Third Party Loan, £450

Annual loan administration, £550

Unlisted share acquisition, 0.25% of total scheme assets (min £750)

Annual unlisted share administration, £350

Ad-hoc administration, up to £180 per hour

Management

Access: Direct or via IFABoth

Online capability

DetailsThe Alltrust proposition is service based and customers prefer to speak to someone rather than relying on an online system. We offer an online technical facility for all our supporting IFAs

Permitted Investments

Commercial property
Overseas property
Unit trusts & OEICSAll platforms allowed
External deposit accountsUnrestricted access to all 'sippable' 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
ETFsAll 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
Peer to Peer lending
Intellectual property
Brands / Trademarks
Goodwill
Third party loans

Property purchase

Purchase fee£650
Sale fee£450
Annual property administration fee£350
VAT registration fee£300
VAT return fees£250
Other feesBorrowing

Initial fee, £300

Annual fee, £250

Other fees

Lease renewal fee, £250

Property development, 1% of total development cost (min £500)

Residential property development, 1% of total development costs (min £750)

SIPP Bank Account

SIPP bank account providerMetro Bank
Current interest rate0.50%

Structure

Scheme trusteesMember plus Alltrust SIPP
Scheme administratorAlltrust Services Ltd

Minimum contributions

Regular paymentsNo minimum
Transfers/Single PremiumsNo minimum
Min additionalNo minimum

Company Information

OwnershipPrivately owned
Year established2005
Funds under managementin the region of £186M
Number of SIPPs administered868+
Defaqto RatingNot disclosed

Transfers

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

Misc

Flexible Drawdown offeredYes
Scheme PensionYes
Notes

Need advice on your SIPP?

Contact our team of SIPP specialists today:

0115 933 8433

info@investmentsense.co.uk

Online enquiry form

Alltrust SIPP

Alltrust have been trading since 2005 and offer Self Invested Personal Pensions (SIPPs) and Small Self Administered Schemes (SSAS).

Alltrust administers approximately 868 SIPPs and funds under management are in the region of £186 million.

The Alltrust SIPP allows investment into a wide range of assets including commercial property, SIPP deposit accounts, platforms, shares, gilts corporate bonds, discretionary fund managers and many more.

The Alltrust SIPP Oasis allows for investment into 1 or 2 Discretionary Fund Management or fund/shares platforms.

With no minimum contribution levels investors can open the Alltrust SIPP direct or via their Independent Financial Adviser (IFA).

The Alltrust SIPP bank account is held with Metro Bank paying 0.50% per year, although investors looking for a better return on any uninvested cash can open any other SIPP deposit account.