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Pointon York –e-Sipp

Pointon York –e-Sipp

Type: Online Sipp

Minimum investment: £5,000

Minimum – maximum age: From birth to 74

Investment choice: One of five risk-graded SmartFunds portfolios – defensive, cautious, balanced, aggressive or aggressive Growth

Options: Unsecured pension/income drawdown, alternatively secured pension

Charges:  Annual £150, single contributions £45, transfers out £100, establishment of income drawdown £225, additional charges for income payment, annuity purchase and distribution of death benefits. All fees subject to VAT

Commission: Agreed between adviser and client



Moneygate gets cash for buyout bids

Moneygate Group has secured new funding in a bid to buy out investment partner MGT Capital Investments. It says it has strengthened its position with “a new and substantial funding line” made available to the firm. MGT has been able to close the first loan facility made available to the company for acquisitions. In March, […]

City of London Police arrests three in £1m land banking fraud

The City of London Police has arrested three men in connection with a £1m land banking fraud scheme involving City-based firms. On Tuesday, one man was arrested in Bromley, another at a London office and the third was arrested at his home in Lewisham. All three were detained on suspicion of conspiracy to defraud and […]

Owner-occupier rates set to fall, says RICS

Home ownership rates are set to fall in the UK, US and Spain, according to research from the Royal Institution of Chartered Surveyors. In the UK, the owner-occupier rate has fallen by 3 per cent to 68 per cent since hitting its peak in 2003. The drop in the US has been more modest, falling […]


Webb: No CPI legislative override

Pensions minister Steve Webb says there will be no legislative override for schemes who have RPI “hard-wired” into scheme rules following the decision to switch indexation for pension increases to the consumer prices index. It had been thought the Government would amend specific legislation to make it easier of pension schemes to adopt the new […]


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