Last updated14th April 2016


Read reviews for the Pointon York Single Investment SIPP


Charges are subject to VAT although shown excluding VAT
Initial/Set up fee£250
Annual fee£325
Transfer in feeNone, £75 if transfer from existing capped drawdown arrangement
Transfer out feeBasic fee: £200 per transfer, plus an investment charge per asset for investments that need to be disinvested, and £130 per asset for in-specie transfers

Transfers to overseas schemes: From £300
In-specie transfer in fee£150
Taking BenefitsFlexi-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 feesSet-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

Standard investment transactions, £50 each

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 fee
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 providerCambridge & Counties Bank
Current interest rate£0 - £49,999 - 0.00%

£50,000+ - 0.25%


Scheme trusteesCrescent Trustees Limited
Scheme administratorPointon York SIPP Solutions Limited, 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 administered


Accepts DB transfers?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 Single Investment 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 Single Investment SIPP is available through IFAs (Independent Financial Advisers) and also direct.

There is no minimum level of contribution needed to access the Pointon York Single Investment SIPP.

The Pointon York Single Investment SIPP allows access to a wider range of investment that a Personal Pension, although there are some restrictions, for example commercial property is not allowed, and only one investment, in addition to the mandated SIPP bank account can be held.