Halifax introduce new SIPP for existing customers

SnowMan

Halifax have a SIPP administered through AJ Bell. 

But they are now offering a new SIPP to ‘existing Halifax customers’ only at the moment. They say 'you must be an existing Online or Mobile Banking customer to open an account'.

https://www.halifax.co.uk/investing/start-investing/share-dealing-services/sipp.html

Platform charge is 0.25%pa charged monthly subject to a maximum of £16.50 per month (which is equivalent to £198pa). So this maximum applies when investments exceed 79.2K (= 198/0.0025). 

Online fund and share trades are £9.50 each.

No transfer or drawdown charges

LHW99

So cheaper management fees for funds than HL at the smaller end. But you pay quite a bit for dealing.

Possibly OK for buy and hold? Wonder if they offer all the AJBell range.