ii new platform plans 2026

jaybeetoo

michael1234 said:

I don't understand as I've a sipp with them with a mid 6-figure value. Certainly many times bigger than the Pension Esentials threshold and yet I've only ever been charge £5.99 per month. The email today said it would be increasing from £5.99 to £14.99

Strange.  My SIPP is over £100k and I’ve only ever been charged £5.99.  I did contact support a while ago and they said their system would detect that I’m over £100k and change my plan and monthly charge accordingly.  It never happened.  At least I gave them a chance to correct it if they ever come back to me for the extra account charges.

Futuristic

jaybeetoo said:

michael1234 said:

I don't understand as I've a sipp with them with a mid 6-figure value. Certainly many times bigger than the Pension Esentials threshold and yet I've only ever been charge £5.99 per month. The email today said it would be increasing from £5.99 to £14.99

Strange.  My SIPP is over £100k and I’ve only ever been charged £5.99.  I did contact support a while ago and they said their system would detect that I’m over £100k and change my plan and monthly charge accordingly.  It never happened.  At least I gave them a chance to correct it if they ever come back to me for the extra account charges.

Did you transfer in and never do anything else? I’m like you but I haven’t touched it since transfer and charged the lower price despite having over the plan max value.

Alexland

masonic said:

20122013 said:

What are others' experience with SW (iweb) platform and customer service.

People will only have material experience of iWeb, since it has only been SW for a few days so far. I don't expect we'll see much difference, and iWeb has been fine. I can't speak to customer service personally, as I've never had to contact them. But that is because everything has worked for me, including multiple ISA transfers into the platform.

On the rare occasions I've had to contact iWeb they have been fine.

Most established fee charging platforms seem pretty good these days.

TBC15

DavidT67 said:

Why is it II penalises you for large trades over £100K and larger portfolios ? 

Split your trades into sub £100000 chunks?

TBC15

Shame they didn’t go back to the husband-and-wife single fee.

fistfulofsteel

Is it possible to pay the fee out of money already in the sipp, rather than by direct debit from my current account? If so, how do I set that up as I can't find the option? I'm in the unfortunate position of the industry I work in becoming obsolete before I'm old enough to draw my SIPP. Not having to pay £14.99 a month out of money available to me now would help in terms of making savings last long enough to bridge the gap.

easysaver

fistfulofsteel said:

Is it possible to pay the fee out of money already in the sipp, rather than by direct debit from my current account? If so, how do I set that up as I can't find the option? I'm in the unfortunate position of the industry I work in becoming obsolete before I'm old enough to draw my SIPP. Not having to pay £14.99 a month out of money available to me now would help in terms of making savings last long enough to bridge the gap.

Yes, cancel the Direct Debit and fees will be taken from cash in the account.

Jaunty

I'm wondering/hoping if ii may announce a new cashback offer  in the new year  to promote their new offerings. They did a cracker in January 2024. (Need to get my act together and consolidate a few pots that have no cap on the charges). 

Notepad_Phil

easysaver said:

fistfulofsteel said:

Is it possible to pay the fee out of money already in the sipp, rather than by direct debit from my current account? If so, how do I set that up as I can't find the option? I'm in the unfortunate position of the industry I work in becoming obsolete before I'm old enough to draw my SIPP. Not having to pay £14.99 a month out of money available to me now would help in terms of making savings last long enough to bridge the gap.

Yes, cancel the Direct Debit and fees will be taken from cash in the account.

But note it will only take from the SIPP cash if you only have a SIPP with them. If you also have a Trading Account or iSA then it uses other means, none of which includes taking from the SIPP cash - which I've really never understood the reason for and is the main reason why I've never moved my S&S ISA across to them.

michael1234

Futuristic said:

jaybeetoo said:

michael1234 said:

I don't understand as I've a sipp with them with a mid 6-figure value. Certainly many times bigger than the Pension Esentials threshold and yet I've only ever been charge £5.99 per month. The email today said it would be increasing from £5.99 to £14.99

Strange.  My SIPP is over £100k and I’ve only ever been charged £5.99.  I did contact support a while ago and they said their system would detect that I’m over £100k and change my plan and monthly charge accordingly.  It never happened.  At least I gave them a chance to correct it if they ever come back to me for the extra account charges.

Did you transfer in and never do anything else? I’m like you but I haven’t touched it since transfer and charged the lower price despite having over the plan max value.

I transferred in and then did some trades and finally transferred in a second time. I didn't contact them about it and my charges have been £5.99. Also I only transferred in a few months ago and used one of their cashback offers.