The AJ Bell Investcentre SIPP is a flexible SIPP with a broad range of investment options. Initially launched in October 2002, AJ Bell is responsible for the day-to-day management and administration.
Features and benefits at a glance
| Feature |
Availability |
|---|---|
| Assets available | Aegon collectives (other assets available from other investment partners) |
| Drawdown to drawdown | Available |
| Pension credits | Available |
| Minimum single premium | £1,000 |
| Regular premiums | Yes |
| Flexi-access drawdown | Yes |
Uncrystallised funds pension lump sum (UFPLS) |
Yes |
Charges
All charges are subject to VAT and are correct as at July 2023.
| Charge | Amount |
|---|---|
| Set-up fee Online applications Paper applications |
Nil £120 |
| Fund switch fee | None |
| Transfer in fee Cash only In-specie |
Nil £60 |
| Quarterly administration | |
| Up to £100,000 | £45 |
| £100,000 to £200,000 | £55 |
| £200,000 and above | £65 |
| Flexi-access drawdown and capped drawdown (up to age 75) income withdrawal |
£150 per annum |
| Capped drawdown (over age 75) | £250 per annum |
| Regular UFPLS payments | £150 per annum |
| One-off UFPLS payment | £75 |
| One-off income payment from existing flexi-access or capped drawdown arrangement |
£25 |
The value of an investment can fall as well as rise and isn't guaranteed. Your client could get back less than they invest.