Intelligent Money Bespoke SIPP
Last updated: 22nd June 2020
Charges Charges are not subject to VAT
Initial/Set up fee
Nil - Must hold £200,000+ in IM Optimum Portfolios, otherwise £550
Annual fee
Nil - Must hold £200,000+ in IM Optimum Portfolios, otherwise £750
Transfer in fee
Nil
Transfer in fee
Nil
In-specie transfer in fee
Nil
Taking benefits
Nil
Annuity purchase fee
Nil
Payment of death benefits fee
Other fees
Management
Access: Direct or via IFA
via IFA only
Online capability
Details
Permitted Investments
Commercial property
Unit trusts & OEICS
External deposit accounts
unrestricted access to all 'sippable' deposit accounts
Overseas listed stock and shares
UK listed stocks and shares
AIM shares
Gilts/corporate bonds
ETFs
Investment trusts
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
Nil
Sale fee
Nil
Annual property administration fee
Nil
VAT registration fee
Nil
VAT return fees
Nil
Other fees
SIPP Bank Account
SIPP bank account provider
Bank of Scotland
Current interest rate
0%
Structure
Scheme trustees
Intelligent Money
Scheme administrator
Intelligent Money
Minimum contributions
Regular payments
No minimum
Transfers/Single Premiums
Min additional
No minimum
Company Information
Ownership
Privately owned
Year established
2002
Funds under management
circa £2 billion
Number of SIPPs administered
circa 20,000
Defaqto rating
Transfers
Accepts benefits from defined benefit / final salary schemes?
No
Misc
Flexi Access Drawdown / UFPLS offered
Yes
Scheme Pension 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.