Bestinvest Best SIPP
Last updated: 11th January 2024
Charges Charges are not subject to VAT unless specified
Initial/Set up fee
None
Annual fee
Ready-made Portfolios
Up to £250,000 - 0.2% (Min of £120)
£250,000 - £500,000 - 0.2%
£500,000 - £1,000,000 - 0.1%
Over £1,000,000 - No charge
Other investments (3rd party funds & Shares)
Up to £250,000 - 0.4% (Min of £120)
£250,000 - £500,000 - 0.2%
£500,000 - £1,000,000 - 0.1%
Over £1,000,000 - No charge
Transfer in fee
None
Transfer out fee
None
In-specie transfer in fee
None
Taking Benefits
None
Annuity purchase fee
None
Payment of death benefits fee
Time costed
Other fees
Share dealing:
Online purchase of UK shares: £4.95 per trade (no VAT)
Deals placed by phone £30 per deal (no VAT)
CHAPS charge, £35
Pension splitting on divorce, time costed
Management
Access: Direct or via IFA
Direct only
Online capability
Details
Full online access for member dealing, valuations and fund switching
Permitted Investments
Commercial property
Overseas property
Unit trusts & OEICS
In house platform only
External deposit accounts
Overseas listed stock and shares
In house platform only
UK listed stocks and shares
In house platform only
AIM shares
In house platform only
Gilts/corporate bonds
ETFs
In house platform only
Investment trusts & REITS & EPUTS
In house platform only
Discretionary management
National Savings & Investments
Unlisted shares
Structured products
Trustee Investment Plans
Insurance company funds
Hedge funds
Traded endowment plans
Third party loans
Property purchase
Purchase fee
N/A
Sale fee
N/A
Annual property administration fee
N/A
VAT registration fee
N/A
VAT return fees
N/A
Other fees
N/A
SIPP Bank Account
SIPP bank account provider
SEI
Current interest rate
4.35%
Structure
Scheme trustees
EBS Pensions Limited
Scheme administrator
EBS Pensions Limited
Minimum contributions
Regular payments
£100
Transfers/Single Premiums
£3,600
Min additional
£500 lump sum or transfer
Company Information
Ownership
Evelyn Partners Investment Management Services Limited
Year established
1986
Funds under management
Circa £50 billion
Number of SIPPs administered
Not disclosed
Defaqto Rating
Not rated
Transfers
Accepts benefits from defined benefit / final salary schemes?
Not known
Misc
Flexi-Access Drawdown/ UFPLS offered
Yes
Notes
Disclaimer
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.