Nucleus SIPP

Initial/Set up fee

Nil

Annual fee

First £500,000, 0.27% pa
Next £500,000, 0.175% pa
Over £1 Million, 0.05% pa

All paid monthly

Transfer in fee

Nil

Transfer out fee

Nil

In-specie transfer in fee

Nil

Taking Benefits

Nil

Annuity purchase fee

Nil

Payment of death benefits fee

Nil

Other fees

Offshore Bond set up - £100

Additional 0.15% p.a. - applies to Offshore Bond, based on the value of assets (excl any cash)

Exchange Traded Investments - 0.035% (£3.50 minimum)

Payments received after the product has been closed - Equal to the value received (£50 maximum)

Additional work - Discretionary charge on a time/cost basis £150 + VAT per hour (minimum)

Access: Direct or via IFA

Both

Details

All customers can now access our new customer portal, allowing them to view their products and make some changes online.

Commercial property

Unit trusts & OEICS

External deposit accounts

Overseas listed stock and shares

UK listed stocks and shares

AIM shares

Gilts/corporate bonds

ETFs

Investment trusts

National Savings & Investments

Unlisted shares

Structured products

Trustee Investment Plans

Insurance company funds

Hedge funds

Traded endowment plans

Third party loans

SIPP bank account provider

Pooled bank account

Current interest rate

1.55%

Scheme trustees

James Hay Pension Trustees Ltd

Scheme administrator

Nucleus Financial Services Limited

Regular payments

No minimum

Transfers/Single Premiums

No minimum

Min additional

No minimum

Ownership

HPS Investment Partners

Year established

2006

Funds under administration

Approximately £117bn

Number of SIPPs administered

Over 250,000

Defaqto rating

Five stars

Accepts benefits from defined benefit / final salary schemes?

Yes, only if IFA advised

Flexi-Access Drawdown/UFPLS offered

Yes

Scheme Pension offered

No

Notes

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.