Last updated15th December 2016

Charges

VAT is not charged on these fees unless stated
Initial/Set up feeDepends on which 'ring' of investments are chosen (see notes below)

Inner ring investments: £0 initial fee

Middle ring investments: £0 initial fee

Outer ring investments: £367 initial fee
Annual feeDepends on which 'ring' of investments are chosen (see notes below)

Inner ring investments: £0 annual fee

Middle ring investments: £252 if less than £50,000 held on Standard Life platforms and £0 if more than £50,000 is held on Standard Life platforms

Also for middle ring, fund administration charge:

Less than £100,000 0.6% of SIPP Zone Fund Value

£100,000 - £249,999 0.55% of SIPP Zone Fund Value

£250,000 - £499,999 0.45% of SIPP Zone Fund Value

£500,000 + 0.4% of SIPP Zone Fund Value

Outer ring: £504 if less than £100,000 is held on Standard Life platforms, £315 if between £100,000 and £250,000 is held on Standard Life platforms, £189 if between £250,000 and £500,000 is held on Standard Life platforms and £0 if more than £500,000 is held on Standard Life platforms

Outer ring: £315 per annum for each Discretionary Investment Manager
Transfer in feeNone
Transfer out feeNone
In-specie transfer in fee£255
Income DrawdownAnnual Drawdown Fee £152
Additional Income Drawdown feesNone
Annuity purchase feeNone
Payment of death benefits feeNone
Other feesTransaction charges (excluding Stocktrade) for outer ring investments, £60 per transaction, capped at £379 per annum

Stocktrade charge, Standard Life charge £12 (not included in the capped amount) & Stocktrade's charges 0.3% but collared & capped, £20 & £50 per transaction

Admin charge when age 75 is reached - £224

Discretionary Investment Manager charge £280 per year

Management

Access: Direct or via IFABoth

Online capability

DetailsFull online functionality, including the ability to buy and sell assets, and obtain valuation

Permitted Investments

Commercial property
Unit trusts & OEICSVia Standard Life Fundzone, Fidelity FundsNetwork and Standard Life's Sigma platform
External deposit accounts
Overseas listed stock and sharesVia Stocktrade
UK listed stocks and sharesVia Stocktrade
AIM sharesVia Stocktrade
Gilts/corporate bondsVia Stocktrade
ETFsVia Stocktrade
Investment trusts & REITS & EPUTSVia Stocktrade
Discretionary management
National Savings & Investments
Unlisted shares
Structured products
Trustee Investment Plans
Insurance company funds
Hedge funds
Traded endowment plans

Property purchase

Purchase fee£787 per property (VAT is not charged on this fee)
Sale fee£668 per property (VAT is not charged on this fee)

On sale of the property an additional £150 plus VAT is payable to the property manager
Annual property administration feeBetween £440 and £495 plus VAT depending on which property manager is chosen

Plus property administration charge of £242 per property per year (VAT is not charged on this fee0
VAT registration feeNil
VAT return fees£134 (VAT is not charged on this fee) per property per year
Other feesMortgage administration charge £181 per property per year (VAT is not charged on this fee)

Multi member charge (2-5 members) £55 per member, per property each year, (VAT is not charged on this fee)

Multi member charge (6+ members) £110 per member, per property each year (VAT is not charged on this fee)

SIPP Bank Account

SIPP bank account providerHSBC
Current interest rate

Structure

Scheme trusteesStandard Life Trustee Company
Scheme administratorStandard Life Assurance Limited

Minimum contributions

Regular payments£300 per month
Transfers/Single Premiums£10,000
Min additionalNone

Company Information

OwnershipOwned by Standard Life
Year established1825
Funds under management£192 billion accross the whole company as at 30/09/2010
Number of SIPPs administered78,300

Transfers

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

Misc

Flexible Drawdown offeredTo be introduced later in 2011
NotesThe Standard Life Active Money SIPP works on the basis of 'rings' each ring carries different charges (as outlined above) and allows different investments, as follows:

Inner ring: 170+ pension funds and a SIPP bank account

Middle ring: mutual funds via Standard Life's Fundzone and Sigma platforms and three fixed rate bank accounts

Outer ring: full self investment options

Need advice on your SIPP?

Contact our team of SIPP specialists today:

0115 933 8433

info@investmentsense.co.uk

Online enquiry form

Standard Life Active Money SIPP

Standard Life was established in 1825 and now has assets under management of over £190 billion.

As a group Standard Life administer over 75,000 SIPPs (Self Invested Personal Pensions.

The Standard Life Active Money SIPP allows investment into a wide range of assets including commercial property, although the number of platforms that are allowed, which can be used to trade funds and shares, are limited.

The Standard Life Active Money SIPP is available for investors to use direct and also via an IFA (Independent Financial Adviser), although it does have a minimum contribution of £300 per month or £10,000 as a lump sum or transfer in.

The mandated SIPP bank account is held with HSBC and currently pays an interest rate of 0.6% per year.