YourWealth Investment Platform Charges

When you buy investment funds through the YourWealth Investment Platform there are no commission payments. All share classes in funds are 'clean' units and the platform and distributor fees are separate.

Here is a full description of all charges that apply to the platform. If you have any queries please don't hesitate to call our Client Services line on 0800 331 7437.

Charge Charge Amount Charge Frequency
Annual Platform charge – applied by platform provider Investment Funds Direct Ltd to all assets that fall into each tier £0–£50,000 0.25% Annual charge, deducted monthly in arrears
£50,001–£1m 0.2%
Over £1m 0.1%
Subject to a minimum £30 per year
Fixed platform charge – applied by £48 Annual charge, deducted monthly in arrears
Buying and Selling Funds £0 Per deal
Buying and Selling Shares and Investment Trusts £9.50 Per deal
Cancellation of any unexecuted trade £9.50 Per deal

SIPP Charges

The following additional charges will apply if you have a SIPP:

Platform charges Charge amount Charge Frequency
Establishment £0
Annual Administration Charge £100 + VAT per year Annual charge, deducted quarterly in arrears
Transfers In (cash) £0 On receipt of funds and completion of transfer
Administration of death benefits £150 + VAT On request
Administration of divorce benefits £50 + VAT per hour On request
Annuity purchase £75 + VAT On transfer to annuity provider
Transfer out £75 + VAT per transfer On transfer to a new pension provider
Trivial commutation £75 + VAT On payment of benefits
Ill health £75 + VAT On payment of benefits

Ad Hoc Service Charges

Charge Type Charge Amount Charge Frequency
Issue of ad hoc hard copy valuations* £25 + VAT On request
Issue of additional Tax Vouchers £25 + VAT On request
Data Protection Request £10 + VAT On request
Probate valuations £50 + VAT On request
Response to accountants or auditors Min. £50 + VAT Charges will vary depending on the nature of the application made
Issue of paper contract £10 + VAT Per request
Unpaid cheque £50 + VAT Per incident
Re-registration of investments off £10 + VAT Per investment
Transfer of ISA to another provider £25 + VAT Per ISA