Bestinvest Best SIPP

Initial/Set up fee

None

Annual fee

Ready-made Portfolios
Up to £250,000 - 0.2% (Min of £120)
£250,000 - £500,000 - 0.2%
£500,000 - £1,000,000 - 0.1%
Over £1,000,000 - No charge

Other investments (3rd party funds & Shares)
Up to £250,000 - 0.4% (Min of £120)
£250,000 - £500,000 - 0.2%
£500,000 - £1,000,000 - 0.1%
Over £1,000,000 - No charge

Transfer in fee

None

Transfer out fee

None

In-specie transfer in fee

None

Taking Benefits

None

Annuity purchase fee

None

Payment of death benefits fee

Time costed

Other fees

Share dealing:

Online purchase of UK shares: £4.95 per trade (no VAT)

Deals placed by phone £30 per deal (no VAT)

CHAPS charge, £35

Pension splitting on divorce, time costed

Access: Direct or via IFA

Direct only

Details

Full online access for member dealing, valuations and fund switching

Commercial property

Overseas property

Unit trusts & OEICS

In house platform only

External deposit accounts

Overseas listed stock and shares

In house platform only

UK listed stocks and shares

In house platform only

AIM shares

In house platform only

Gilts/corporate bonds

ETFs

In house platform only

Investment trusts & REITS & EPUTS

In house platform only

Discretionary management

National Savings & Investments

Unlisted shares

Structured products

Trustee Investment Plans

Insurance company funds

Hedge funds

Traded endowment plans

Third party loans

Purchase fee

N/A

Sale fee

N/A

Annual property administration fee

N/A

VAT registration fee

N/A

VAT return fees

N/A

Other fees

N/A

SIPP bank account provider

SEI

Current interest rate

4.35%

Scheme trustees

EBS Pensions Limited

Scheme administrator

EBS Pensions Limited

Regular payments

£100

Transfers/Single Premiums

£3,600

Min additional

£500 lump sum or transfer

Ownership

Evelyn Partners Investment Management Services Limited

Year established

1986

Funds under management

Circa £50 billion

Number of SIPPs administered

Not disclosed

Defaqto Rating

Not rated

Accepts benefits from defined benefit / final salary schemes?

Not known

Flexi-Access Drawdown/ UFPLS offered

Yes

Notes

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.