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• Pensions – Stakeholder and SIPP
• SIPP
• Dealing options
• Costs
• Account options
• What can I invest in?
• How it works
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Costs

SIPP costs

Dealing options	Standard I deal infrequently, typically smaller amounts	Frequent I deal frequently or have a sizeable sum to invest	Premium I deal on average 8 times per week or more	Premium+ I deal on average 8 times per week or more and need advanced software
Dealing option fee	none	£20 + VAT per quarter	£2,500 + VAT per annum	£3,500 + VAT per annum
Quarterly admin fee	£10 per quarter		none
Dealing commission	1% (min £7.50)	£7.50	none

A J Bell's administration fees
Establishment Charge Transfer in of another approved pension scheme	Nil £60.00 per transfer

A quarterly administration fee is also payable based on the fund value of your account at the end of each March, June, September and December. It is payable in arrears and debited from your account.

Fund Value
Nil to £25,000 £25,000 to £50,000 £50,000 and above	£25.00 £35.00 £45.00
Other fees
Transaction charge Change of stockbroker Insufficient funds to pay benefits or fee	Nil £50.00 £25.00

Benefits
Income withdrawal - unsecured pension (USP) - alternatively secured pension (ASP)(note 1) Designation of additional funds to existing USP fund (note 2) Payment of death benefits Transfer out to another registered pension scheme	£150.00 per annum up to age 75 or £250.00 per annum from your 75 birthday, payable annually in advance £75.00 Time / cost basis £75.00

Notes

1. The annual income withdrawal charge will become payable immediately funds are designated to provide USP or ASP.
2. No additional charge is made when the first funds are designated to provide unsecured pension, or funds are designated to alternatively secured pension at age 75.

All charges are subject to VAT in addition. All charges are due to A J Bell Management Limited and will be deducted from the SIPP Cash Account.

A J Bell Management Limited is authorised and regulated by the Financial Services Authority. Bank of Scotland is the Provider of the SIPP.

What interest is paid on cash in my account?

Interest is paid on cash balances at the Bank of Scotland Base Rate less 3.5% and is credited quarterly to your account.

Want to reduce your dealing charges?

If you hold shares in Share plc you can get a rebate of up to 30% on your dealing charges.

01296 41 41 41