JISA Commissions & Charges

Execution Only Junior ISA / JISA

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 (does not apply to Stakeholder JISA).

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

A US Compliance Charge of £5 will be applied on all purchases of US domiciled securities* (excluding DRIP trades).

Dividend Reinvestment Plan (DRIP Scheme): 0.5% (no minimum) plus UK purchases add 0.5% Stamp Duty.

Annual Cost: 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.

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.

* US domiciled securities exclude Global Depository/shares and American Depository receipts/shares.

Managed Junior ISA / JISA

Dealing commission is the same as for Execution Only JISA (above) except there is no minimum commission charge.

Annual Cost: The annual fee is 1.5% of the fund value. (0.38% charged by the fund manager and 1.12% charged by Pilling & Co)

For both Execution only & Managed Junior ISAs / JISAs

Bed & Junior ISA / JISA Charges: Bed & JISA Charges – Only charged on one of the trades (sale or purchase) charged at rates above. For sales of a different security to that repurchased we make a flat £10 charge.

Junior ISA / JISA Administration Charges:

Transfer out Junior ISA / JISA£24 per security

Transfer in Junior ISA / JISAFree
Transfer out Junior ISA / JISA£24 per security
Transfer JISA to Pilling ISA at age 18Free
Rights issues, takeovers, open offersFree
Quarterly statement and valuationFree
Probate/Certified Valuations (Nominees)£12.50 plus VAT per stock (min £37.50)
Probate/Certified Valuations (own name)£20 plus VAT per stock (min £60)
Returned cheques£20 plus VAT
Safe Custody of Foreign Stocks£tba enquire at time of deal
Individual CREST account£500 plus VAT per annum