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PENSIONS Transfer in Charges


Payment of Benefits/ Transfer Out Charges


Cash transfer: £50 (max £200 pa) Annuity purchase: £150 In specie: £50 (max £200 pa)


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Benefit calculation: £100 per tranche, review £100 Transfer out: £150 Flexible drawdown: No additional charges to those applied for benefit purposes


Cash transfer: Nil In specie: Nil


Annuity purchase: £100


Income set-up: £200, £150 pa Transfer out: £25 per line (min £100 per policy) Flexible drawdown: Registration/set-up £200


ntribution £75, payment of lump sum on death £100, small pension fund commutation £150, pension splitting on divorce £200, establishment of cash deposits with other Cash transfer: Nil


Annuity purchase: Nil In specie: Nil


Income: Nil Transfer out: Nil Flexible drawdown: Nil


ble; other non panel discretionary managers available on request. † Minimum contribution: All plans must have a minimum of £3K invested into LV= Insured Funds. Charges: Annual admin


ere appropriate). Plan values up to £1m, if investing in LV= insured funds only and not taking benefits, fees reduced to 0.25% for new customers with a minimum contribution or transfer of Cash transfer: £50


Annuity purchase: £50 In specie: £50 Cash transfer: Nil In specie: £75


Cash transfer: Time cost In specie: Time cost


Income set-up: £100 pa Transfer out: £100 Flexible drawdown: £100 pa


Annuity purchase: Nil - £75


Personal pension: £30 + transaction Income: £120 per tranche charges


Income payment: Nil


Transfer out: £75 Flexible drawdown: Set-up £120 per tranche plus £120 pa if income taken


Annuity purchase: Time cost


Income set-up: Nil Pension payment: £280 pa plus £12 per payslip Transfer out: £250 plus time cost Flexible drawdown: Time cost


Cash transfer: Nil Annuity purchase: £320


In specie: £165 (£525 with property) Income set-up: £230, payment £170 pa Transfer out: £165, £505 with property Flexible drawdown: Registration/set-up £230, £170 pa admin fee, pension set-up £230, payment £170 pa


Cash transfer: † In specie: Dependent on circumstances of assignment


any commitment by client. Cash transfer: £60 per transfer


(max £300)


In specie: £60 per transfer (max £300)


Annuity purchase: † Income set-up: †


Transfer out: † Flexible drawdown: †


Annuity purchase: £75


Income drawdown: £150 pa (to age 75), £250 (75+) Transfer out: £75


Flexible drawdown: Set-up £75, closure £75 closure due to trivial commutation £75


held. Property purchase: Joint property purchase £250 per SIPP, Annual Administration £360, Renewal of/new lease: £250 per event, Loan Arrangement £350, Loan 25 per Deed.


he SIPP invested in it. March 2015 71                                                                                                       


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UK Shares/AIM Unquoted Shares Gilts/Bonds Deposit Accounts Commercial Property Convertible Securities Futures & Options Investment Trusts Unit Trusts/OEICs Insurance Cos Funds Warrants


PIBs TEPs


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