| Investment Size (£) |
Average set up fee March 2007 (£) |
Average AMC March 2007 (£) |
| 50,000 |
267 |
409 |
| 100,000 |
261 |
429 |
| 200,000 |
255 |
466 |
| 500,000 |
256 |
554 |
| 1,000,000 |
256 |
651 |
Source: Defaqto April 2007
AMC: Annual management charge
There are currently around 140 Sipp providers in the market made
up of banks, insurance companies, IFAs, stockbrokers, wealth
managers and fund management companies.
Whoever your Sipp provider is, the administration of your Sipp
is crucial to its success, so it may be worth taking independent
financial advice as to which providers give the best
administration. To contact an IFA in your area email us at feedback@find.co.uk