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SIPP
 
  Why does Cavendish Online use Fidelity

The Fidelity SIPP provides an unrivalled choice of investments for clients who wish to have greater control over their retirement provision. Arranging your SIPP via Cavendish Online gives you full access to Fidelity’s Fundsnetwork fund range and online access to view your investments via the Fidelity website.

The Fidelity SIPP provided by Standard Life offers more than 1000 funds from 56 fund companies, including top names such as Jupiter and New Star. Clients benefit from a clear charging structure and no initial or switch charges on underlying funds.

Fidelity is a well respected fund manager; here at Cavendish Online we have a long standing relationship with Fidelity and have found their approach to customer care among the best across the industry. For further details on Fidelity’s company profile visit here

Cavendish Online has chosen to offer Fidelity’s Fundsnetwork SIPP because we can offer our unique renewal commission service with this plan. We believe that this makes our SIPP the best value in the UK.

The initial Cavendish Online charges for arranging the SIPP are £50.00 per application, plus £25.00 per additional transfer. Fidelity will charge £100 for initial administration and a £250 yearly administration charge.

Currently the set up SIPP fee is waived – representing a £100 saving - for investments into "core funds".

Trail commission received each year will be rebated directly to you, minus a £10.00 administration charge. Average trail commission is 0.5% of the fund value so a fund of £100,000 will generate £500.00 a year back to the investor, free of all taxes*.

Managing Director of Cavendish Online, Mr Ian Williams states:

‘Our clients are knowledgeable investors and already make their own decisions regarding investments and insurance. At a time of increased concern regarding pension savings this new product will encourage greater investment and allow clients to have full control over their retirement provisions. We are happy to offer the Fidelity SIPP, building on our existing relationship with Fidelity’

*Under current understanding of HMRC guidelines.


 
 
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