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Intermediaries  Product & fund options  Pension service  Sippcentre SIPP

Sippcentre

A low-cost, flexible SIPP

 
Charging structure for product via Cofunds
Set up fee   None (for balances of £25,000 and over)
Initial fund charges   Removed for all fund groups.
Fund switch fee   None
Transfer fee   £60
Annual charges (payable quarterly)    
     <£25k   £100 plus VAT
       £25k - £50k   £140 plus VAT
       £50k - £125k   £180 plus VAT
       £125k - £250k   £120 plus VAT
       £250k +   £20
Income withdrawal set up   £150 (up to age 75)
Income withdrawal annual   £150 (up to age 75)
 

Interest rate

The rate of interest on the Cofunds Trading Account has now been increased to be 50bps below Bank of England base rate. View current Cofunds rates here.