If your client is looking to purchase funds, shares, bonds or other assets that can be held on a platform, we can open up an Scottish Widows Third Party Investment Account (TPIA) within an Option SIPP. Alternatively, we have relationships with numerous other platforms if preferred, and can complete our usual due diligence checks on those platforms that we have not used before.
Embark Pensions is a subsidiary firm of Scottish Widows. You can set-up an account for your client without the need for any client signatures.
Here are the costs for the TPIA:
Accout value |
TPIA |
£0 – £100k |
0.35% |
£150k – £250k |
0.30% |
£250k – £500k |
0.25% |
£500k+ |
0.10% |
Further information about the Scottish Widows Third Party Investment Account is available online at Third Party Investment Account – Scottish Widows Platform.
Please note the TPIA costs will be charged in addition to the Option SIPP fees.
Other platform accounts are available. Contact our Customer Services team on 01204 803 500 or email [email protected] to find out more.