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

Savers can draw down target retirement income for just 11 years

Savers can draw down target retirement income for just 11 years

Report exposes retirement income gap

Jenna Brown
clock 08 May 2025 • 3 min read
State pension nears tax threshold – how can the government fix it?

State pension nears tax threshold – how can the government fix it?

'While policy change would be welcome, individual action is just as crucial'

Laura Suter
clock 06 May 2025 • 4 min read
A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

Transfer delays highlight need for ten-day Pension Switch Guarantee

Sahar Nazir
clock 29 April 2025 • 2 min read