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 |
Bed & SIPP Charges
Sales are free of dealing commission, purchases are at normal rates. The minimum commission 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.
SIPP Administration
Charges levied by Investcentre all are plus VAT:
| Setup fee | £120 |
| Annual fee up to £100,000 | £180 |
| Annual fee £100,000 to £200,000 | £220 |
| Annual fee over £200,000 | £260 |
| Transfer in | £60 per scheme, maximum £300 |
| Transfer out | £75 per scheme |
| Flexi-access drawdown | £150 pa |
| Capped drawdown up to age 75 | £150 pa in advance |
| Capped drawdown after age 75 | £250 pa in advance |
| Regular payments of uncrystallised funds pension lump sum | £150 pa |
| One-off payment of uncrystallised funds pension lump sum | £75 per request |
| Ad-hoc income payment from existing drawdown funds | £25 per request |
| Designate additional funds to drawdown | £75 |
| Convert from capped to flexi-access drawdown | £75 |
| Account closure (when funds are depleted via withdrawal) | £250 |
| Annuity purchase, re-calculation of income | £75 |
Charges levied by Pilling & Co:
| Transfer out | £24 per security |
| Probate/certified valuations | £10 plus VAT per stock (minimum £30) |
| Returned cheques | £20 plus VAT |
| Safe custody of foreign stocks | £tba enquire at time of deal |
| Crest individual account | £500 plus VAT |
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.