| Wrapper | Setup | Annual | Closure |
|---|---|---|---|
| Direct | Nil | first £250,000 0.40% next £250,000 0.20% next £500,000 0.10% remainder Nil | Nil |
| ISA | Nil | first £250,000 0.40% next £250,000 0.20% next £500,000 0.10% remainder Nil | Nil |
| SIPP | Nil | first £250,000 0.40% next £250,000 0.20% next £500,000 0.10% remainder Nil | Nil |
| Minimum annual SIPP fee £120 (excluding Junior SIPPs). Annual fee on first £250,000 reduced to 0.20% on monies invested in 'ready-made' portfolios. | |||
| Asset | Fee | Reduced Monthly Fee? |
|---|---|---|
| Fund purchases | Nil | N/A |
| Fund switches | Nil | N/A |
| Shares | £4.95 | No |
| Shares Reinvest Income | £4.95 | N/A |
| Reason | Fee |
|---|---|
| Setup income drawdown | Nil |
| Setup flexible drawdown | Nil |
| Calculate income limits | Nil |
| Income payment annual charge | Nil |
| Purchase annuity elsewhere | Nil |
Fees include VAT at 20% where marked *.