IP Intelligent Pensions

Administration

Full administration services are provided by James Hay Pension Trustees Ltd., a subsidiary of Abbey National plc established in 1979. The Managed Retirement Account is a management and consultancy service provided by Intelligent Pensions Ltd. which is authorised to provide pension advice and investment services by the Financial Services Authority. All investments are held under trust in the James Hay Personal Pension Plan that has been approved by the Inland Revenue under Chapter IV of Part XIV of the Income and Corporation Taxes Act 1988. James Hay Pension Trustees Ltd is the Trustee of the plan and administers the plan in accordance with the governing Trust and Rules. Investment Management and all aspects of advice are provided by Intelligent Pensions.

Charges

Full details of the costs and the basis on which these are taken are contained in the Member Agreement, however the following schedule gives an indication of the current level of fees, depending on whether you require access to all types of investment including property or wish to take advantage of our low cost option (the 'Select' Managed Retirement Account)

These charges will be deducted directly from the Member's fund, subject to VAT where appropriate.

N.B. The above fees are solely for management and administration services and do not include dealing costs or transaction charges (including stamp duty, commission and VAT as appropriate) in respect of investments arranged within the fund on your behalf.

*Annually in advance and subject to a minimum charge of £500 p.a