Fidelity FundsNetwork is waiving annual administration charges for the rest of the year for all new SIPP clients investing a certain amount.
To qualify for the waiver, clients must invest a gross value of £250,000 or above solely in FundsNetwork’s core investment range, which include its mutual funds and Standard Life Policy funds.
The firm says removing the yearly administration charge can save an investor up to £260 a year for the lifetime of the pension.
It says initial fund charges – except, possibly, on dual priced funds -, fund switching charges and transfer charges are also all removed.
For more information, advisers can visit: www.fundsnetwork.co.uk or call 0800 023 41 41 for a quote.
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