DP Pensions Ltd – Premier Trust Full & Single Investment SIPP

Initial/Set up fee

£0 - Full SIPP & Single Investment SIPP

Annual fee

£615 - Full SIPP
£225 - Single Investment SIPP

Transfer in fee

£0

Transfer out fee

£165 per transfer

£270 per in specie transfer

In-specie transfer in fee

£110 - Full SIPP - Equity investments
£105 - Single Investment SIPP - Equity investments

Property, £440 (Full SIPP)

Taking Benefits

Calculation of member benefits: nil

Crystallisation of member benefits: £140 per crystallisation

Payment of pension through capped, flexi access drawdown or UFPLS: £140 per year

Review of pension limits under capped drawdown: £110 per review

Switch from capped drawdown to flexi-access drawdown: £60

Closure of SIPP during flexi access drawdown or UFPLS: £220

Annuity purchase fee

£120

Payment of death benefits fee

Payment made in cash, £415 per payment

In-specie payment of equities, £550 per payment

In-specie payment of property, £650 per payment (Full SIPP)

Payment of beneficiary's pension, £140 per annum

Other fees

Other investment charges

Setting up a fixed term deposit £60 per account (Full SIPP)

Conventional investment transactions: £0

Setting up an additional current account: £155 per account set-up

Annual administration of additional current account: £155 per account set-up

Non-Standard investment annual fee : £130 (existing holdings only)

Non-Standard investment sale fee: £210

Plan valuations: nil

Dealing with pension on divorce: £335

Access: Direct or via IFA

Both

Details

Clients can use the fund managers / platforms online functionality to obtain values

Commercial property

Full SIPP only

Unit trusts & OEICS

All platforms allowed

External deposit accounts

Unrestricted access to all 'sippable' deposit accounts (Full SIPP only)

Overseas listed stock and shares

All stockbrokers allowed - subject to our permitted investment list