Insight SIPP For Sophisticated Investors
Contributed by SIPP Specialists Limited
02 October, 2012
Contributed by SIPP Specialists Limited [www.sippspecialists.co.im]
This is meant for professional advisers and members of the public should not rely upon it
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 FSA has finally acted after much deliberation and sabre rattling, and has declared 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.
SIPP Specialists INSIGHT SIPP offers the following features:
- Wide choice of regulated investments
- Choice of bank accounts
- Up to THREE esoteric investments
- 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
- Service Charter
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
- Contribution Fee £ Nil
- Investment Fee £ Nil
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.
For the appropriate client properly certificated this might prove an ideal structure to build a pension pot with a suitable diverse investment structure.
We are not and never will be a call centre, and you will find yourself talking to the same dedicated team of experienced administrators and managers .Contact us at firstname.lastname@example.org
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