Last updated: 23rd January 2018

Charges Charges are subject to VAT although shown excluding VAT

Initial/Set up fee

£495, nil on Express SIPP

Annual fee

£296 on all SIPPs
£400 holding an existing non-standard asset
£530 with a property
additional fee for more than one property, (per property) £200

Transfer in fee


Transfer out fee


In-specie transfer in fee

£525 per property

£250 plus £50 per asset for other investments

Taking Benefits

Capped drawdown (pre 06/04/2015)
Review, £165
Annual fee, £60
PAYE set up, £60
Additional fund designation, £165

Flexi-Access Drawdown (post 06/04/2015)
Annual fee, £150
Administration fee, based on whole fund being taken immediately, £350

UFPLS (post 06/04/2015)
£50 per payment

Annuity purchase fee


Payment of death benefits fee


Other fees

Ad hoc scheme valuations, £165

Sale of unquoted shares, £500


Access: Direct or via IFA

Via IFA only

Online capability



Permitted Investments

Commercial property

Overseas property

Unit trusts & OEICS

All platforms allowed

External deposit accounts

Overseas listed stock and shares

Unrestricted access to all 'sippable' deposit accounts

UK listed stocks and shares

All stockbrokers allowed

AIM shares

All stockbrokers allowed

Gilts/corporate bonds

All stockbrokers allowed


All stockbrokers allowed

Investment trusts & REITS & EPUTS

All stockbrokers allowed

Discretionary management

Unrestricted access

National Savings & Investments

Unlisted shares

Structured products

Trustee Investment Plans

Insurance company funds

Hedge funds

Traded endowment plans

Intellectual property

Brands / Trademarks


Third party loans

Property purchase

Purchase fee

£500, using a preferred solicitor

£700, using other solicitor

£700, joint property purchase using a preferred solicitor

£850, joint property purchase using other solicitor

Sale fee


Annual property administration fee


VAT registration fee


VAT return fees

£105 per year, per property

Other fees

Borrowing fee, £315

New lease/tenancy agreement, £200

variation of existing lease, £100

Mortgage administration, per loan, £100

Property development, 0.25% of amount

Additional Property Levy charge for rent arrears, £300

SIPP Bank Account

SIPP bank account provider

Royal Bank of Scotland

Current interest rate



Scheme trustees

Guardian Pension Trustees Limited

Scheme administrator

Guardian Pension Trustees Limited

Minimum contributions

Regular payments

No minimum

Transfers/Single Premiums

£15,000 / None

Min additional

No minimum

Company Information


Privately owned

Year established


Funds under management

£158 million

Number of SIPPs administered

Circa 2,700


Accepts benefits from defined benefit / final salary schemes?

Yes, if IFA advised


Flexible Drawdown offered


Scheme Pension offered




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.