Stadia Trustees launches new property SIPP

clock

SIPP administrator Stadia Trustees Ltd has launched a bespoke SIPP with a ‘cost effective' charging structure for commercial property purchase.

The charges on The Property SIPP are £550 +VAT for the SIPP and £250 +VAT per property. Tony Hales, chairman at Stadia Trustees [pictured], said: "The Property SIPP is a new addition to our SIPP offering which has been developed to fulfil investors' need for a cost-effective and flexible vehicle for property investment." There also could be a supplemental fee of £100 + VAT for VAT registration. If the SIPP is in drawdown, fees of £150 + VAT can incur. Third party fees, such as solicitors' fees also apply. Hales added: "We wanted a product that took a lot of complexity out of prope...

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

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
We need to work together to tackle pension overconfidence

We need to work together to tackle pension overconfidence

'Clients may assume they're on the right track simply because they're paying into a pension'

Ahmed Bawa
clock 13 June 2025 • 4 min read