Liberty SIPP freezes fees for two years

The provider will continue to charge clients £150 a year until at least April 2016. Annual fees are the primary source of revenue for Liberty SIPP. Last year the provider consolidated its proposition into a simple, build-it-yourself product, the Liberty Option SIPP. The Financial Conduct Authority is expected to publish its rules for new capital adequacy requirements for SIPP providers later on this year. Liberty SIPP managing director John Fox says his firm are one of the few providers keeping charges low as competitors raise their fees in anticipation of regulatory change. He ...