Last updated11th March 2013
0161 763 7070

Liberty SIPP, The Exchange, Bank Street, Bury, BL9 0DN

www.libertypensions.com

Reviews

Read reviews for the Liberty One SIPP

Links

Visit Liberty's website
Guest blogs & newsNew low cost SIPP launched by Liberty (18th Oct 2012)

In the Spotlight: Liberty (25th June 2012)
LiteratureApplication Form

Key Features Document

Terms & Conditions

Due Diligence Pack

Flexible Drawdown Application Form

Income (Capped) Drawdown Application Form
Other ways to stay in touch with Liberty

Charges

Charges are subject to VAT although shown excluding VAT
Initial/Set up fee£250
Annual fee£250
Transfer in fee£50 per transfer, if made in cash
Transfer out fee£100

In specie transfer out £100 plus £50 per asset
In-specie transfer in fee£50 per scheme, plus £50 per asset
Income DrawdownInitial: None

Ongoing: None

No charge for mandatory pension reviews

No additional charge for Flexible Drawdown, unless emptied during first five years
Additional Income Drawdown fees£100 SIPP closure fee if pension is emptied under Flexible Drawdown within the first five years
Annuity purchase fee£50
Payment of death benefits fee£100
Other feesOverseas regulated or unregulated collective investment (Ucis) initial £125, plus £35 per year

FSA regulated collective investment, e.g. unit trust, initial £50, plus £35 per year

Nominee account, initial £75, plus £35 per year

Policy assignments, £100 initial fee plus standard annual investment fee of £35

In specie contribution (excluding property), £50 plus investment charge, plus £35 per year per asset

Loan to third parties, initial £375, annual £200

Management

Access: Direct or via IFABoth

Online capability

Details

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
Intellectual property
Brands / Trademarks
Goodwill
Third party loans

Property purchase

Purchase feeN/A
Sale feeN/A
Annual property administration feeN/A
VAT registration feeN/A
VAT return feesN/A
Lease renewal / new lease feeN/A
Other feesN/A

SIPP Bank Account

SIPP bank account providerRoyal Bank of Scotland
Current interest rate0.75%

Structure

Scheme trusteesLiberty Trustees Ltd
Scheme administratorLiberty SIPP Ltd

Minimum contributions

Regular paymentsNo minimum
Transfers/Single PremiumsNo minimum
Min additionalNo minimum

Company Information

OwnershipPrivately Owned
Year established2007
Funds under managementApproximately £150 million
Number of SIPPs administeredApproximately 2,000
Defaqto ratingNot available

Transfers

Accepts DB transfers?Yes, if IFA advised

Misc

Flexible Drawdown OfferedYes
Scheme Pension offeredNo
Notes

Need advice on your SIPP?

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Contact our team of SIPP specialists today:

0115 933 8433

info@investmentsense.co.uk

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Liberty One SIPP

Liberty SIPP was founded in 2007 to provide Self Invested Personal Pensions (SIPPs). They currently manage around 2,000 SIPPs.

Liberty offer three SIPPs; the Liberty Full SIPP, the Liberty One SIPP and the Liberty ICON SIPP.

The Liberty One SIPP allows investment into a wide range of assets, but has reduced charges as only one investment is allowed in addition to the mandated SIPP account, which is held with Royal Bank of Scotland and pays a competitive 0.25% above Bank Base Rate.

The Liberty One SIPP has no minimum contribution levels and can be accessed via an IFA (Independent Financial Adviser) or directly by an investor.