Dentons confirms no changes to fee structure
It is common practice for many SIPP providers to take a trail commission on the interest paid to SIPP bank accounts, to augment their headline fees.
Reducing interest rates have resulted in this income reducing. This is likely to result in re pricing of products or reductions in service and administration quality.
At Dentons we can confirm that we do not take any interest on our default SIPP account. Therefore our pricing levels and service standards will remain unaffected