last updated1 November 2018


Charges are not subject to VAT unless specified
Initial/Set up feeNone
Annual feeTiered Service Fee:

Investment value up to £250,000: 0.3% pa

£250,000 to £1million: 0.2% pa

Over £1million: no charge
Transfer in feeNone
Transfer out feeCash £75 plus VAT
In specie £125 plus VAT

plus £25 per asset
In-specie transfer in feeNone
Taking BenefitsSet up fee, flexible drawdown, nil

Annual fee for income payments, after PCLS taken, nil for SIPP values of £100,000 or more, £100 plus VAT otherwise

Ad hoc income payments, £25 plus VAT

Alteration to income payment or frequency, £25 plus VAT

Annuity purchase fee£150 plus VAT (£75 plus VAT if bought through Bestinvest)
Payment of death benefits feeTime costed
Other feesShare dealing:

Online purchase of UK shares: £7.50 per trade, regardless of size or frequency

Limit orders: free

Deals placed by phone £75 per deal

Transfer out to an overseas pension £250

Closure of account £290 plus VAT if within 1 year, £175 plus VAT if within 2 years, nil thereafter

Pension splitting on divorce, time costed

Refund of overpaid contributions, £75 plus VAT


Access: Direct or via IFADirect only

Online capability

DetailsFull online access for member dealing, valuations and fund switching

Permitted Investments

Commercial property
Overseas property
Unit trusts & OEICSIn house platform only
External deposit accounts
Overseas listed stock and sharesIn house platform only
UK listed stocks and sharesIn house platform only
AIM sharesIn house platform only
Gilts/corporate bonds
ETFsIn house platform only
Investment trusts & REITS & EPUTSIn house platform only
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 feeN/A
Sale feeN/A
Annual property administration feeN/A
VAT registration feeN/A
VAT return feesN/A
Other feesN/A

SIPP Bank Account

SIPP bank account providerBank of Scotland
Current interest rate0%


Scheme trusteesEBS Management plc
Scheme administratorEBS Management plc

Minimum contributions

Regular payments£100
Transfers/Single Premiums£3,600
Min additional£500 lump sum or transfer

Company Information

OwnershipPrivately owned
Year established1986
Funds under managementCirca £4 billion across all types of investment
Number of SIPPs administeredNot disclosed
Defaqto RatingNot rated


Accepts benefits from defined benefit / final salary schemes?
Not known


Flexi-Access Drawdown/ UFPLS offeredYes

Need advice on your SIPP?

Contact our team of SIPP specialists today:

0115 933 8433

Online enquiry form

Bestinvest Best SIPP

Bestinvest is privately owned and having been founded over 30 years ago, has built up over 70,000 clients, with over £4 billion of assets on their platform.

Bestinvest offer a wide range of investment products including an ISA (Individual Savings Account) and a SIPP (Self Invested Personal Pension) and  has received awards from the Financial Times for ‘Best Low-Cost SIPP Provider 2017’, Investors Chronicle and Money Marketing for ‘Best Discretionary Adviser 2011’.

The Bestinvest Best SIPP is only available directly to them and not through IFAs (Independent Financial Advisers). The minimum contribution is £100 per month, or a lump sum of £3,600, which is also the minimum acceptable transfer in contribution.

Whilst the Bestinvest Best SIPP offers access to a wider range of investments than other forms of pension, it does not allow investments such as commercial property or SIPP deposit accounts.