Help & FAQs

What are my overall charges for my SIPP over a 12 month period likely to be?

The cost of the SIPP will vary depending on the value of your Investments, the number of trades made and the SIPP provider you choose.                                                                     

Example: Seltrade SIPP, with an initial Investment of £40,000, split between Shares and Funds (80/20 respectively) with £1,000 invested each month in the same split and 4% investment growth over the year.

       SIPP Administration             Fee   Fund Platform
          Fee
      Online Share                 Dealing                    Commission   Custody Fee: Base & Product           Fee      
      Total
         £118.80               £27.23             £109.96    £0.00 & £0.00     £255.99
You can select a SIPP provider based on the fees that match your needs and circumstances. Annual Fund fee 0.3% (Charged quarterly)
Q1 Fee - £6.17
Q2 Fee - £6.69
Q3 Fee - £7.21
Q4 Fee - £7.73
Based on four trades per month, of either: Stock trades, ETF trades or Regular Investment The Custody fee is not charged, because it has been offset by the online Share Dealing commission and Fund Platform Fee Total annual charge for the first year

 

Submitted on 17th May 2019

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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