Cost comparisons for transfers into existing SIPPs

I was wondering how my paraplanning colleagues would deal with the following scenario in a report.

A client has an existing SIPP which has a fixed annual fee.

We are transferring an additional PP into the SIPP and need to do a cost comparison of the two contracts.

How would you show this?
  1. Compare the cost of the PP with the entire SIPP including the new transfer
  2. Compare the cost of the PP with the new investments* in the SIPP only
  3. Compare the cost of the PP with the new investments* in the SIPP and a proportional amount of the fixed annual fee
* those being purchased as a result of the transfer

Each comparison will of course take into account ongoing advisory and platform fees.

I hope this makes sense!

Thanks

Andy

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