Execution Only Junior ISA / JISA
What are the annual costs of an execution only JISA?
The six monthly custody fee for your Pilling JISA is just 0.25% of the value with a minimum of £12.50 and a maximum of £45.00 for clients registered to use our on-line portal Client Web Access (CWA). For clients who request postal documents the minimum fee is £15.00 and a maximum of £50.00.
What are the standard dealing charges for an execution only JISA?
With a minimum of only £10, our commission per deal is 1.65% of the first £10,000 value and 0.5% thereafter on any excess. We must charge you Government stamp duty at 0.5% of the value when buying UK shares, preference stocks and convertibles.
Are there any extra charges on overseas securities?
Whenever possible we trade and hold overseas securities through Crest and although the costs are higher than UK securities, Pilling & Co absorb the fees.
If you choose an investment which has to be traded and held with an overseas custodian, the cost incurred will be passed on to you. Please enquire at time of dealing for applicable additional charges.
Due to the reporting requirements of the IRS, US domiciled securities* will attract an additional annual custody fee of £12.50 per security (capped at £100 pa) and will be charged six monthly in arrears. A US Compliance Charge of £5 will be applied on all purchases of US domiciled securities* (excluding DRIP trades).
* US domiciled securities exclude Global Depository/shares and American Depository receipts/shares.
Managed Junior ISA / JISA
What are the annual costs of a Managed JISA?
The annual cost for the Managed JISA is approximately 1.5% of the value per annum. Part of this is charged within the fund the JISA is invested in and the other part will be charged by us and will appear on your Pilling statement.
What are the dealing charges for a Managed JISA?
Our commission per deal is 1.65% of the first £10,000 value and 0.5% thereafter on any excess.