Charges at a Glance

Our Commissions & Charges at a Glance are as follows:

Dealing commission per deal, UK Equities, Preference Shares, Convertibles, Investment Trusts, Overseas Transactions, UK Gilts, Debentures, Loan Stocks and Unit Trusts/OEICS

Minimum£10
1.65% on the first£10,000
0.50% on the next£90,000
0.40% on the excess over£100,000
  • DRIP commission is charged at 0.5% with no minimum.
  • UK purchases add 0.5% Stamp Duty.
  • For certificated sales or purchases there is an additional charge of £20 per bargain.
  • Although most overseas transactions can be accommodated within these rates, please enquire at time of dealing as additional charges may be applicable.

Administration

 Transfer-in stock Free
 Income distribution Free
 Rights issues, takeovers, open offers Free
Statements and valuations Free
Consolidated tax voucher Free
Transfer stock out of nominees£24 (per security, per transfer)
Cash withdrawal via BACs to banknil
Cash withdrawal by cheque£5 plus VAT
CHAPS payments£25 plus VAT
Probate/certified valuations£10 plus VAT (per stock, min £30)
Certificated transfer of title£20 plus VAT (per security, per transfer)
Returned cheques£20 plus VAT
Safe custody of foreign stocks£tba enquire at time of deal

Custody Fee

0.25% charged six monthly in arrears on the total value of ALL your accounts with Pilling & Co. The fee has a minimum of £25.00 and a maximum of £90.00 if you are registered for using our on-line portal Client Web Access (CWA). For clients who request postal documents the fees have a minimum of £30.00 and a maximum of £100.00. In other words, any value over £40,000 (non CWA) and £36,000 (CWA) is free so you may wish to consolidate your investments from other managers.