AJ Bell reveals RDR Sippcentre charges

Jenna Towler
clock

AJ Bell has announced its unbundled charging structure for Sippcentre to operate after the Retail Distribution Review (RDR).

Charges are applied depending on the wrapper used, the total invested in its in-house funds and share services.  It added the initial set up fee of £125 for its basic wrapper would be waived of more than £25,000 of self-invested personal pension (SIPP) assets are invested. A quarterly administration fee of £25 for assets of up to £25,000, £35 of up to £50,000, and £45 for more than £50,000 will apply. If the fund is worth more than £200,000 the administration fee will be waived. The firm said it would charge £60 for transfers-in - with no additional charge for assets transferred...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read
IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

Advisers must ‘open people’s eyes to the reality’

Isabel Baxter
clock 16 June 2025 • 4 min read