†We have removed our service fees of 0.3% (or less) a year, but like all funds our Ready-made Portfolios have ongoing charges for everyday costs such as researching and managing the investments. There could also be fees to pay if you close your Best SIPP or transfer to another provider.
*Before transferring pensions, you shouldask yourself: Will I be charged or penalised by my existing provider for transferring? Will I lose any valuable features or benefits if I transfer? Have I considered my current pension charges, and could consolidating be more expensive? Am I part of an occupational final salary pension scheme? (In which case I would most likely be better off not switching).
**Ready-made portfolios like ours are offered by many fund managers. You may also hear them referred to as multi-asset funds. The Portfolios within our range are called Tilney Bestinvest Multi-asset Portfolios and are administered by Investment Fund Services Limited (IFSL), a subsidiary of Marlborough, one of Europe’s leading financial groups. Funds within each Portfolio are chosen and managed by our research team but it is up to you to choose the Portfolio that is right for you.
SIPPs are not suitable for everyone. If you don’t want to invest across different asset classes or don’t think you will make use of the investment choices that SIPPs give you then a SIPP might not be right for you. Self-directed investors should regularly review their SIPP portfolio, or seek professional advice, to ensure that the underlying investments remain in line with their pension objectives.