Barclays Stockbrokers SIPP - Account details

Competitive charges 

• No administration fee if only cash and funds from our Funds Market are held in the account.
• Dealing - online tiered commission charges from £6.95 to £12.95 per online deal.
• No set up fees and low cost administration charges – just £50 + VAT per quarter.

Funding your SIPP

All contributions to your SIPP are processed via the SIPP administration team to ensure that basic rate tax relief is claimed on your behalf. Upon receipt of the funds they are paid into your SIPP account. They will appear in your portfolio and are then ready for you to invest; online, over the telephone or by post.

You can add funds to your SIPP account in a number of ways. All contributions are subject to the annual allowance and the lifetime limit.

• Direct Debit - set up regular monthly payments by Direct Debit. Download Direct Debit form. There is no minimum investment by direct debit.
• Cheque - Fund your SIPP by cheque, made payable to ‘Sippdeal Trustees Ltd RE (your name)
• Electronic Transfer: contact the SIPP Administration Team on 0845 300 9020 for bank account details and how to ensure that electronic transfers are recognised

• Transfer from an existing pension: You can transfer existing personal pensions/money purchase (defined contribution) pensions. Simply complete atransfer form. Please note that we are dependent upon your current pension administrator. Some pensions may not be suitable to consolidate into your SIPP. If you are unsure you should seek professional advice.
  Find out more about how to transfer existing pensions to us

Contributions to your SIPP can be made by you, your employer or by any third party. All such payments must be made from a UK bank account. Contributions must not exceed the annual allowance or 100% or earnings whichever is the lower.

Keeping you informed

As well as being able to access all this information online, we will also send you:

• Statements and valuations – a quarterly printed report showing the value of your account
• Smart Investor our regular newsletter

• Company Report & Accounts – you can request the Annual Report & Accounts for UK companies held in your account

• Corporate Actions – we’ll also notify you of any corporate actions impacting stocks held in your account and carry out your instructions