SIPP — Fees & Charges
Understanding the charges on your Invinitive SIPP
A clear explanation of how SIPP charges work, what you can expect to pay, and where to find the full fee schedule.
This page explains charges in general terms. It does not constitute financial advice or a recommendation.
Why understanding charges matters
Charges can have a meaningful effect on long-term investment outcomes. Even a small annual charge compounds over time and can make a significant difference to the eventual value of a pension.
That is why we aim to be clear about how charges work at Invinitive — so you can make informed decisions about your pension.
Fee schedule update — effective 1 May 2026: Revised costs and charges documents are now available. The core platform fee and standard trade fee remain unchanged. The full updated fee schedule — including international trading charges and FX transaction fees — can be downloaded from our Documents page.
Main charge categories
| Charge type | Amount |
|---|---|
| Platform fee | 0.25% p.a. (capped at £400) |
| SIPP wrapper fee | £150 p.a. |
| Dealing charge — UK & US equities, ETFs, mutual funds, bonds | £7.95 per trade |
| Dealing charge — International equities & ETFs (excl. US) | £7.95 + 5bps |
| FX transactions (any size) | £7.95 |
| In Specie Transfers — UK Domestic (per asset) | £25.00 |
| In Specie Transfers — International (per asset) | £50.00 |
| Telephone / Manual orders placed by Invinitive | £25.00 |
| Underlying fund charges | Varies by fund |
Fees are subject to change. Please refer to the current costs and charges document before opening an account.
Key points about SIPP charges
The platform fee is 0.25% per year, capped at £400 per account — so costs remain predictable as balances grow.
The £150 SIPP wrapper fee is only charged on accounts with a value of £50,000 or more. It is waived for smaller accounts.
Fees are charged quarterly in arrears on assets under management.
Dealing charges of £7.95 apply per transaction — there are no spreads, commissions or volume minimums.
Underlying investment costs (e.g. OCF / TER) are in addition to Invinitive product charges and are set by fund managers.
Tax treatment of fees depends on individual circumstances and may change in future.
View the full fee schedule
The complete and current fee schedule is available from our documents page. Please read it carefully before opening a SIPP or making investment decisions.
All platform, trading and FX fees are charged and payable in GBP. Clients must ensure a sufficient GBP cash balance is maintained to cover applicable charges.
Important information
This page is provided for general information only. Charges may change over time. The value of investments can fall as well as rise. Tax treatment depends on individual circumstances. Please read the current fee schedule before proceeding.