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.