Organon SIPP

Last updated: 11th January 2024

Charges Charges are subject to VAT although shown excluding VAT

Initial/Set up fee


Annual fee


Transfer in fee


Transfer out fee


In-specie transfer in fee

Time costed - Minimum £250

Income Drawdown

Initial: £100

Annual - Regular income payments: £100

Additional Income Drawdown fees

Mandatory review, £100

Annuity purchase fee


Payment of death benefits fee


Other fees

New deposit account: £100

Annual fee - deposit account: £100

Deposit account rollover: £100


Access: Direct or via IFA


Online capability



Permitted Investments

Commercial property

Unit trusts & OEICS

All platforms allowed

External deposit accounts

Overseas listed stock and shares

All stockbrokers allowed

UK listed stocks and shares

All stockbrokers allowed

AIM shares

All stockbrokers allowed

Gilts/corporate bonds

All stockbrokers allowed


All stockbrokers allowed

Investment trusts

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

Third party loans

Property purchase

Purchase fee


Sale fee


Annual property administration fee


VAT registration fee


VAT return fees

£200 pa

Other fees

Borrowing, £300

Property development, time cost (min £600)

SIPP Bank Account

SIPP bank account provider

Royal Bank of Scotland

Current interest rate

Not provided


Scheme trustees

Organon Pension Trustees Limited

Scheme administrator

Organon SIPP Services Limited

Minimum contributions

Regular payments

No minimum

Transfers/Single Premiums

No minimum

Min additional

No minimum

Company Information


Privately owned

Year established


Funds under administration

Approximately £440 million as at 31 December 2019

Number of SIPPs administered

1,265 as at 31 December 2019

Defaqto Rating

Not rated


Accepts benefits from defined benefit / final salary schemes?

Yes, if IFA advised


Flexi-Access Drawdown offered


Uncrystallised Funds Pension Lump Sum


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.