SELF INVESTED SCHEME
Financial Investments has launched it's own "Self Invested Scheme" and pension administration service.
A Financial Investments SIS can accept transfers from SSAS, SIPP and other arrangements. You do not have on start a new scheme. We can take over any existing schemes - within reason - although this may be subject to extra cost by negotiation for the more complicated cases.
The Financial Investments SIS is fully "self invested", so cannot accept Protected Rights (Although we can help you use Winterthur or Transact for these elements).
It has a relatively low cost of £500 one off set up fee (for up to five members), and £100 per quarter ongoing charge.
You choose investments and/or fund managers. You can choose to use Financial Investments, or are free to use other services (e.g. Co-funds), or you can leave your money in the cash account.
Each SIS will be allocated a separate client account with Cater Allen Private Bank. These accounts have 0.3% below base interest on any deposit.
You choose commission up top. We have 2 suggested shapes, or a "set yourself option".
You will get your own dedicated "pension manager", available for contact by phone, email, post or in person.
We can help solve tax free cash, old EPP's and other issues. G60 (now "AF3") level advice/services can be provided for you.
We do accept arrangements that are currently in drawdown (pre or post 75, but these will incur an extra charge £300 set and £50 per quarter ongoing charge.
If you would like further information contact Tim Hackett or Ben Street on 01242 820738. If you would like to request further materials please e-mail us or these are available on our website here.
