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INSIGHT SIPP

Contributed by SIPP Specialists Limited
07 March, 2014


Insight SIPP is a 'full' SIPP and as such is able to invest in the full range of permitted investments, including commercial property and, where appropriate, unregulated investments.

SIPP Specialists INSIGHT SIPP offers the following features:

  • Wide choice of regulated investments
  • Choice of bank accounts
  • Unregulated investments (for HNWI/SI)
  • Simple transparent fee structure
  • No hidden fees or charges
  • Commercial property investment option (fee structure on request)
  • Excellent support from our team of experienced administrators

The fee structure for this SIPP is:

  • Set Up Fee £200 plus VAT (Nil if transferred from existing SIPP)
  • Annual Fee £500 plus VAT
  • Transfer in Fee £ Nil
  • In specie transfer fee £150 plus VAT
  • Contribution Fee £ Nil
  • Regulated Investment Fee £ Nil
  • Unregulated Investment £200 plus VAT per Annum in advance

There has been much press coverage of UCIS and esoteric investments, and their suitability for SIPP investment. Some SIPP Trustees allowed them and some did not – clearly not a desirable state of affairs.

The FCA has finally confirmed that such investments are suitable only for Sophisticated and High Net Worth clients, which makes it much simpler for all concerned and creates a level playing field. Clearly this will not be a volume business, but nonetheless there is a need for a high quality SIPP product that will support such investments with excellent service and support for advisers and clients. It is envisaged that these fees cover all standard administration that would be needed in the course of a year. Non-standard work such as Benefit Crystallisation Events or commercial property purchase would demand fees to cover the additional work. These fees are set at competitive levels, are transparent and available on request.


Illustrations for Insight SIPP

These are now mandatory when setting up a new SIPP for a client. We can provide this in two ways

  1. Complete the illustration for you at a fee of £100 plus vat
  2. You can complete the illustration online FREE for your client

Please contact us on 0151 328 0584 to discuss your options

Please note that no SIPP Application will be processed without an illustration



Oaklands Park, Hooton Road, Hooton, South Wirral, CH66 7NZ
Tel: 0151 328 0594 Fax: 0151 328 0707 www.sippspecialists.co.uk

SIPP Specialists Limited - Registered in England and Wales Registered No 4845017
Registered office: Montrose House, Clayhill Park Neston CH64 3RU





 


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