Your IndustryAug 21 2014

Guide to Sipp Charges

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CPD
Approx.60min

    Guide to Sipp Charges

      pfs-logo
      cisi-logo
      CPD
      Approx.60min
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      Introduction

      By Emma Ann Hughes
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      Charges can be made based upon a percentage of assets held within the Sipp, set fees for the various services provided as either flat, time-costed or percentage-based rates, or a combination of both.

      This guide explores the various costs Sipp investors can face, how charges differ between platforms and pension providers, what fee structure suits what type of investor, plus what part charges should play when an adviser recommends a self-invested personal pension provider.

      Supporting materialwas provided by: Gregory Kingston, head of marketing and proposition of Suffolk Life; Robert Graves, head of pensions technical services at Rowanmoor Group; Neil MacGillivray, head of technical support unit of James Hay; Martin Tilley, director of technical services at Dentons; and Claire Trott, head of technical support at Talbot & Muir.

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