UK Equities, Preference Shares, Convertibles, Investment Trusts, Overseas Transactions, UK Gilts, Debentures and Loan Stocks etc. Minimum | £10 | 1.65% on the first | £10,000 | 0.50% on the next | £90,000 | 0.40% on the excess over | £100,000 | UK purchases add 0.5% Stamp Duty.
For Overseas transactions add any Overseas Tax or Stamp Duty if applicable, plus transaction and annual charge of £50 where a 3rd party settlement agent is required. (As stocks vary, please enquire at time of dealing). |
Unit Trusts/OEICS Sales are on the same scale as above. Purchases are usually nil commission due to a rebate to Pilling & Co by the Managers, otherwise they are charged as above. Bed & ISA Charges Sales are free of commission, purchases are charged at normal rates. The minimum is £10. For sales of a different security to that repurchased we make a flat £10 charge. Dividend Reinvestment Plan (DRIP Scheme) 0.5% (no minimum) plus UK purchases add 0.5% Stamp Duty. ISA Administration Transfer in PEP/ISA | Free | Income distribution | Free | Rights issues, takeovers, open offers | Free | Half yearly statement & valuation | Free | Transfer stock out of the ISA | £20 + vat (per stock) | Transfer of Option shares into ISA | £20 + vat (per stock) | Failure to invest plan (on closure) | £20 + vat |
| | Charges to “Dividend Fee” ISAs only | No Annual Fee | | Dividend Handling Fee | £6.75
(max 2 per year per stock) |
Charges to “Annual Fee” ISAs only No Dividend Handling Fee | | Annual Fee | 0.5% + vat
(minimum Fee £40 + vat maximum Fee £150 + vat) | Joint Annual Fee (2 ISAs) | 0.5% + vat
(minimum £60 maximum £ 200 + vat) |
Further Information
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