ISA Commissions & Charges

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

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. Although most overseas transactions can be accommodated within these rates, please enquire at time of dealing as additional charges may be applicable.

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/ISAFree
Income DistributionFree
Rights Issues, Takeovers, Open OffersFree
Half Yearly Statement & ValuationFree
Transfer of ISA to Surviving SpouseFree (Additional Permitted Subscription)
Transfer Stock Out of the ISA£24 (per stock)
Transfer of Option Shares Into ISA£24 (per stock)
Failure to Invest Plan (On Closure)£24
Cash Withdrawal via BACS to BankFree
Cash Withdrawal by Cheque£5 plus VAT
CHAPS payments£25 plus VAT
Probate/Certified Valuations£10 plus VAT per stock (min. £30)
Transfer of Beneficial Ownership£20 plus VAT per stock plus Stamp Duty
Returned Cheques£20 plus VAT
Safe Custody of Foreign Stocks£tba enquire at time of deal

Custody Fee

0.5% per annum charged six monthly in arrears on the total value of ALL your accounts with Pilling & Co. The fee has a minimum of £43.60 and a maximum of £152.60 per year. If you are registered for using Client Web Access (CWA) these fees reduce to a minimum of £41.80 and a maximum of £146.30. In other words, any value over £30,520 (non CWA) and £29,260 is free so you may wish to consolidate your investments from other managers.

Further ISA Information