Merchant Investors is waiving all transfer and top-up charges on its SIPP until the end of the year, it has announced.
The deal includes the £75 transfer charge for all new and existing transfer applications to its OneSIPP as well as the £50 top-up charge for existing clients. Merchant adds the product already offers self-investment of protected rights meaning clients will not need to wait for the regulations to change on 1 October. Richard Ellis, head of sales and marketing at Merchant Investors, says: “Our SIPP offers the flexibility for investors to pay just one charge for the benefit of investing in both an insured account as well as a standard trustee-based account. “By structuring our charges in...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
