Last updated14th April 2016


Read reviews for the Pointon York Individual SIPP


Charges are subject to VAT although shown excluding VAT
Initial/Set up fee£250
Annual fee£560
Transfer in feeNone
Transfer out feeBasic fee: £200 per transfer, plus an investment charge per asset for investments that need to be disinvested, and £200 per asset for in-specie transfers

Property in-specie: From £500

Transfers to overseas schemes: From £300
In-specie transfer in fee£130 per transfer
Taking Benefits
Flexi-Access Drawdown:

Establishing Flex-Access Drawdown nil

Payment of regular pension £195 per annum

Final payment and SIPP closure fee £250

Capped Drawdown:

Payment of regular pension £195 per annum

Review of Capped Drawdown £165

Uncrystallised funds pension lump sum:

Establishing UFPLS nil for the first event and £225 for more than one event each year

Final payment and SIPP closure fee £250
Annuity purchase fee£175
Payment of death benefits feeFrom £300
Other feesStandard investment transactions, £50 each

Alternative investments, establishment and due diligence, from £1,500

Alternative investments, annual and ongoing administration, from £500
Purchase unquoted shares, from £500

Sale of unquoted shares, from £500

Set-up of regular contributions (if not established with SIPP), £30

Subsequent single contributions, £30

Variations to regular contributions, £30

Refund of contributions made in error, £30

In-specie contributions, from £500

Pension sharing on divorce, from £300


Access: Direct or via IFABoth

Online capability

DetailsOnline SIPP valuation, bespoke illustrations, newsletters and audit bank account view facility via secure portal

Permitted Investments

Commercial 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
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

Property purchase

Purchase feeFrom £1,000
Sale feeFrom £500
Annual property administration feeFrom £450 per property
VAT registration fee£200
VAT return fees£220 per year
Other feesMultiple tenancy annual administration fee, £120 per tenant

Property development, from £800

Environmental search, £300

Third party property management fees apply
Property syndicate agreements (10+ members), £150 per member

Property parnership agreements (2-9 members), £150 per member

Property joint ownership agreements, £1,000

Overseas property / land purchase, from £3,500

In specie contribution of property, from £1,000

In specie transfer in of property, from £500

Buyout of property share, £100 per hour

SIPP Bank Account

SIPP bank account providerCambridge & Counties Bank
Current interest rate£0 - £49,999 - 0.00%

£50,000+ - 0.25%


Scheme trusteesCrescent Trustees Limited
Scheme administratorPointon York SIPP Solutions, a division of Curtis Banks Limited

Minimum contributions

Regular paymentsNone
Transfers/Single PremiumsNone
Min additionalNone

Company Information

OwnershipIndependently owned
Year established2006
Funds under management£9 billion
Number of SIPPs administered21,000


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


Flexible Drawdown offeredYes

Need advice on your SIPP?

Contact our team of SIPP specialists today:

0115 933 8433

Online enquiry form

Pointon York Individual SIPP

Pointon York was founded in 1971 and they were one of the larger SIPP providers in the UK before they acquired by Curtis Banks Ltd in October 2014.

Curtis Banks administer in excess of  21,000 SIPPs and have over £9 billion of funds under administration.

The Pointon York Individual SIPP is available direct and through Independent Financial Advisers (IFAs).

The Individual SIPP has no minimum contribution levels for regular or lump sum payments or transfers in.

The Pointon York Individual SIPP allows a wider range of investments, including commercial property, shares, corporate bonds, gilts, deposit accounts, discretionary fund managers and investment trusts to name a few.