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Skandia – Skandia Sipp


Skandia Sipp

Type: Full self-invested personal pension

Minimum investment: Lump sum 1,000, 150 a month

Investment choice: SIM range of Skandia investment funds, Self Select UK quoted shares, gilts and debentures, Aim stocks, unit trusts, investment trusts, Oeics, insurance company funds, commercial property, land and all other Inland Revenue permitted investments

Charges: Establishment charge 150, annual charge 160 if Sipp invests only in Skandia funds, 360 if Sipp invests in external funds, transfers in 60 a transfer up to maximum of 300, vesting benefits and transfers out 75, income drawdown 150 a year, telegraphic transfer 25, additional costs for commercial property

Commission: Initial up to 3%, renewal up to 1%

Tel: 023 8072 9761


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