AJ Bell

Initial/Set up fee

Nil

Annual fee

Cash - Nil
Shares account charge: 0.25% (max £10 per month)
Funds account charge:
First £0 - £250,000 0.25%
Next £250,000 - £500,000 0.10%
Value over £500,000 No charge

Transfer in fee

Nil

Taking Benefits

Flexi-access Drawdown or pension lump sum Nil

Capped Drawdown
One-off payment £25
Regular income £100pa
Reviews £75

Annuity purchase fee

£150

Payment of death benefits fee

Time Cost basis (Min charge £250)

Other fees

Other dealing charges (per deal)
Regular investment £1.50
Shares £5
Dividend reinvestment £1.50
Application for non-standard investments £100
Dealing by telephone £25

Foreign exchange charge on international dealing & foreign currency funds:
First £10,000 - 0.75%
Next £10,000 - 0.50%
Value over £20,000 - 0.25%

Access: Direct or via IFA

Both

Details

Clients can see how much their SIPP is worth 24 hours a day, 7 days a week via the AJ Bell website or mobile app.
An online cash transaction summary is also available

Commercial property

Unit trusts & OEICS

All platforms allowed

External deposit accounts

Overseas listed stock and shares

All stockbrokers allowed

UK listed stocks and shares

All stockbrokers allowed

AIM shares

All stockbrokers allowed

Gilts/corporate bonds

All stockbrokers allowed

ETFs

All stockbrokers allowed

Investment trusts

All stockbrokers allowed

Discretionary management

National Savings & Investments

Unlisted shares

Structured products

Trustee Investment Plans

Insurance company funds

Hedge funds

Traded endowment plans

Third party loans

SIPP bank account provider

Various

Current interest rate

£0–£10,000 3.20%
Above £10,000-£100,000 3.70%
Above £100,000 3.95%

Scheme trustees

Sippdeal Trustees Limited

Scheme administrator

AJ Bell Management Ltd

Regular payments

No minimum

Transfers/Single Premiums

No minimum

Min additional

No minimum

Ownership

AJ Bell is a public limited company, listed on the Main Market of the London Stock Exchange.

Year established

1995

Funds under management

£70.4 billion across AJ Bell group

Number of SIPPs administered

368,000 total customers across the AJ Bell group

Defaqto rating

Five stars

Accepts benefits from defined benefit / final salary schemes?

Yes, if IFA advised

The information within this section is for your general information purposes only and does not constitute investment advice. It is not an offer to purchase or sell any particular asset and it does not contain all of the information which an investor may require in order to make an investment decision. Please obtain professional advice before entering into any new arrangement. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of the information of this site.