J.P. Morgan SIPP fees and charges
A J.P. Morgan Self Invested Personal Pension (SIPP) allows you to invest tax efficiently while maintaining a high level of choice and control over your investments. We aim to be as transparent as possible and therefore will only charge a single Annual account fee on the SIPP you hold with us.
What you pay for our SIPP through J.P. Morgan WealthManager+
The table below gives an overview of the charges for the J.P. Morgan SIPP.
| Account charges | |
|---|---|
| Set up | Free |
| Transfer in | Free |
| Annual account fee | From 0 – 0.5% depending on investments held. Where charges are incurred, the minimum amount charged for the J.P. Morgan SIPP is £2 per month and the maximum is £25 per month. When calculating annual account charges, multiple J.P. Morgan SIPP arrangements will be treated as a single Product so you benefit from one capped charge. VAT may apply to Annual account fees in accordance with legislation. |
| Transaction charges | |
| Buying | J.P. Morgan Managed funds: No initial charge. From other Fund Managers: May incur an initial charge. |
| Selling | No charge |
| Brokerage | N/A for all managed funds. Up to £10 per transaction may be applied to all other investments – investment trusts, equities, exchange traded funds and bonds. |
| Stamp duty | N/A for all managed funds; 0.5% on investment trusts and other applicable investments. |
No additional charges for taking benefits
You will not incur any additional fees for drawdown if you are in a Drawdown Pension, or to transfer out if you buy an annuity. This makes the J.P. Morgan SIPP attractive in the current marketplace.
Suitability
You should, of course, only consider investments that are right for you. If you are in any doubt about the suitability of an investment, please speak to an independent financial adviser – find an IFA at unbiased.co.uk.
Now with no initial charge
No initial charge on J.P. Morgan trusts or funds when you invest on WealthManager+
Essential information
Before investing you should take the time to read all the relevant legal information and make yourself aware of the investment risks involved.
Find out more
Related Information
J.P. Morgan SIPP application form
J.P. Morgan SIPP at a glance
Please remember that the value of investments and the income from them can go down as well as up, and you may not get back the full amount invested. The tax benefits and liabilities will depend on individual circumstances and may change in the future.
Past performance is not a guide to the future.