Pricing examples
The Nucleus Platform charges schedules include examples scenarios (for illustrative purposes only) based on our new approach
Modular iSIPP
Below are examples of the typical charges that would apply where a customer:
- Has a Modular iSIPP with a value of £250,00 held with an Investment manager
| Ongoing charges (per annum, including first year) | (£) |
| Investment Manager account charge | 85 + VAT |
| Whole of Market charge | 300 + VAT |
| Total | 462 (including VAT) |
Below are examples of the typical charges that would apply where a customer:
- Has a Modular iSIPP with £250,00 invested in platform funds
- Goes into flexi-access drawdown for part of their SIPP fund
| Ongoing charges (per annum, including first year) | (£) |
| Platform charge (based on £250,000 invested in platform funds) | 675 |
| Income drawdown charge | 186 + VAT |
| Total | 898.20 (including VAT) |
Modular iSIPP, Modular ISA and Modular GIA
Below are examples of the typical charges that would apply where a customer:
- Has a Modular iSIPP with a value of £250,00 held in platform funds
- Transfers in £100,000 in cash from another ISA provider to the Modular ISA and invests in platform funds
- Opens a Modular GIA and invests £250,000 in platform funds
| Ongoing charges (per annum, including first year) | (£) |
| Platform charge (based on £500,00 at 0.27% + £100,000 at 0.175%) | 1,525 |
| Total | 1,525 |
Modular iSIPP and Modular Offshore Bond
Below are examples of the typical charges that would apply where a customer:
- Transfers in £200,000 in cash from another pension provider to the Modular iSIPP
- Invests £150,000 in platform funds and £50,000 in Exchange Traded Investments (ETIs)
- Opens a Modular Offshore Bond and invests £100,000 in platform funds
| Initial charges | (£) |
| SIPP - ETI transaction charge (based on £50,000 at 0.035%) | 17.50 |
| Offshore Bond - set up charge | 100 |
| Total | 117.50 |
| Ongoing charges (per annum, including first year) | (£) |
| Platform charge (based on £200,00 at 0.27% + £100,000 at (0.27% + 0.15%)) | 960 |
| Total | 960 |
Nucleus Flexi SIPP
Examples of the typical charges that would apply where a customer:
- Holds a Flexi SIPP with a value of £750,00
- Invests £650,000 in platform funds
- Invests £100,000 in fixed term deposits
| Ongoing charges (per annum, including first year) | (£) |
| Platform charge (based on £500,00 at 0.27% + £250,000 at 0.175%) | 1,787.50 |
| Total | 1,787.50 |
Examples of the typical charges that would apply where a customer:
- Transfers in £500,00 in cash from another pension provider to the Flexi SIPP
- Invests £500,000 with an Investment Manager
| Ongoing charges (per annum, including first year) | (£) |
| Investment Manager account charge | 385 + VAT |
| Total | 462 (including VAT) |
Examples of the typical charges that would apply where a customer:
- Has a Flexi SIPP with £250,00 invested in platform funds
- Goes into flexi-access drawdown for part of their SIPP fund
| Ongoing charges (per annum, including first year) | (£) |
| Platform charge (based on £250,000 at 0.27%) | 675 |
| Income drawdown charge | 186 + VAT |
| Total | 898.20 (including VAT) |