Curtis Banks Your Future SIPP
Last updated: 15th January 2026
Charges Charges are subject to VAT although shown excluding VAT
Initial/Set up fee
£0 Online application
£129 Paper based application
Annual fee
£418 - using a Curtis Banks Investment Partner &/or one deposit account
£968 - full range of investment options
A further £123 is charged where no servicing IFA is linked to the SIPP
Transfer in fee
£65 for cash transfers (waived at plan establishment)
Transfer out fee
Full or partial, Nil
Transfer to QROPS, £453
Forwarding monies to receiving scheme after SIPP closed, £65
In-specie transfer in fee
£129 in-specie transfers (waived at plan establishment)
Additional £323 for specialist investment
Taking Benefits
Accessing fund using Flexi-Access drawdown, £156
Annual fee for payment of pension income, £195
Uncrystallised Fund Pension Lump Sum, £156 per payment
Conversion from Capped to Flexi-Access drawdown, nil
Payment of total fund and SIPP closure, nil
Capped Drawdown reviews/LTA test at 75/excess LTA payment, £129
Annuity purchase fee
Nil
Payment of death benefits fee
Time costed (min £647)
Other fees
Directly held investment purchase/sale fee, £65 per application/instruction
Specialist investment due diligence/purchase fee, £667
Specialist investment due diligence/purchase fee - top up, £336
Specialist investments annual fee, £266 per investment
Implementing pension sharing order, time costed, min £401
Correspondence on non-payment of fees, £33 per letter
Management
Access: Direct or via IFA
Both
Online capability On-line SIPP application process which sees the establishment fee waived. Full online visibility of SIPP assets, drawdown summary, transaction history, illustrations. The online portal is completely responsive to any device to access on the go, with secure messaging for reliable, secure communications.
Details
Full online data
Permitted Investments
Commercial property
Unit trusts & OEICS
All platforms allowed
External deposit accounts
Unrestricted access to all 'sippable' 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
Unrestricted access
National Savings & Investments
Unlisted shares
Subject to full due diligence
Structured products
Trustee Investment Plans
Insurance company funds
Hedge funds
Traded endowment plans
Third party loans
Property purchase
Purchase fee
£969 (£1,227 off-panel solicitor)
plus a further £195 per member for shared purchases
Sale fee
£777 (£1,035 off-panel solicitor)
Annual property administration fee
Property £615
Land £485
plus £129 per additional member for shared purchases
VAT registration fee
£195 per property
VAT return fees
£258 per annum, per property
Other fees
Additional annual fee for second and each subsequent tenant, £387 pa
(capped at £774 per property or £387 where a property manager is appointed)
Aborted transactions, Time-costed
New Lease & lease renewals, £323 (£581 off panel solicitor) per lease
SIPP Bank Account
SIPP bank account provider
Pooled
Current interest rate
1.66%
Structure
Scheme trustees
Suffolk Life Trustees Limited
Scheme administrator
Curtis Banks Pensions
Minimum contributions
Regular payments
No minimum
Transfers/Single Premiums
No minimum
Min additional
No minimum
Company Information
Ownership
Curtis Banks is part of the Nucleus Financial Platforms group
Year established
2009
Funds under management
£107 billion in total as at 15 January 2026
Number of SIPPs administered
Over 250,000 customers as at 15 January 2026
Defaqto rating
Five Stars
Transfers
Accepts benefits from defined benefit / final salary schemes?
Yes, if IFA advised
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.
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