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
Transfer-out foreign stock£tba additional to transfer out fee, enquire at time of transfer
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.