ii new platform plans 2026

ljayljay

jaybeetoo said:

winkowinko said:

Mine has dropped from £21.99 to £5.99

I hold an ISA, SIPP and GIA, (which I don't use), but needed the GIA to receive a welcome bonus.

If your son’s investments are less than £100k you could make him a family member from 1 Feb then he won’t pay any monthly fees.

Maybe, but presumably fees will then increase from £5.99 to £14.99. So two times £5.99 would be cheaper. 

However, I haven't fully checked out who qualifies for a family account so it may be something I need to look into further. 

artyboy

Jaunty said:

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). 

I'm crossing my fingers on that as well. Right now my own fees (only have a small SIPP) are set to go up from £9.99 to £14.99 which doesn't sound right but could be due to having one of my kids on a free account as a result of referring them. 

Would be cheaper if we both just paid the £5.99 Core plan fees separately, but that will depend if they have a new offer that makes it worth me transferring more in above the £100k Core limit.

One to sort out at the end of January...

itwasntme001

Notepad_Phil said:

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.

I guess it is because you can not fund fees from your SIPP for other accounts, so if you ony have a SIPP then its certain that any fees relate only to the SIPP and so its fine to take the fees from it.  As soon as you have another account type, the fees you pay would not be just for the SIPP.

itwasntme001

itwasntme001 said:

For the family fee-free offer does that include SIPP acocunts for the family members or is it still GIA/ISA only?

ii confirmed that SIPPs are not included in the family fee-free offer, either currently or after the new fee plans take place.

jaybeetoo

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 set up a monthly drawdown payment.

EthicsGradient

Has anyone found out if the "1 x Free monthly trade" for the Plus plan will be implemented, as now, as £3.99 trading credit, or if it will be "the first trade in a month (calendar? Running from the 10th or so, as at present?) is free" - since the charge for trading a fund will be £1.49, but £3.99 for shares etc., the  credit system could give you 2 free fund trades (I don't expect they'd give you an international trade, at £7.99, for free, however they implement this).

UncleK

I was moved from Jarvis to ii and whilst newly with ii, I sold the shares I was holding leaving zero with ii. I thought I might as well close the ii account but when I tried doing that a few months ago the website said there was no charge to stay a customer with nothing held and charges would only kick in once I held something.
Is that still the case, does anybody know - with the new scheme?

Chickereeeee

phlebas192 said:I 

Looks like a good deal for those with SIPPs but otherwise it's a 25% increase in the monthly fee for no additional benefit.

I JUST have a SIPP with them, on the basic plan, so my costs have gone up (unless I trade more).

leosayer

ljayljay said:

jaybeetoo said:

winkowinko said:

Mine has dropped from £21.99 to £5.99

I hold an ISA, SIPP and GIA, (which I don't use), but needed the GIA to receive a welcome bonus.

If your son’s investments are less than £100k you could make him a family member from 1 Feb then he won’t pay any monthly fees.

Maybe, but presumably fees will then increase from £5.99 to £14.99. So two times £5.99 would be cheaper. 

However, I haven't fully checked out who qualifies for a family account so it may be something I need to look into further. 

I'm currently considering whether my son should transfer his ISA and SIPP to II.

By my reckoning I can recommend him for a SIPP transfer which will get me £400 recommendation fee and he will be fee-free for a year.

The recommendation terms are below:
https://www.ii.co.uk/recommend-ii/customer#reciiterms

20122013

EthicsGradient said:

Has anyone found out if the "1 x Free monthly trade" for the Plus plan will be implemented, as now, as £3.99 trading credit, or if it will be "the first trade in a month (calendar? Running from the 10th or so, as at present?) is free" - since the charge for trading a fund will be £1.49, but £3.99 for shares etc., the  credit system could give you 2 free fund trades (I don't expect they'd give you an international trade, at £7.99, for free, however they implement this).

ii's Transfer team had told me that the Plus plan comes with 1 x £3.99 trading credit, and after your £14.99 fee had been debited on the 10th of each month,  your "first trade in a month will be activated, so anytime after that within the month you can use your trading credit.

The £3.99 can only be used for the first trade, so if you use £1.49 for a unit trust /OEIC fund then you would have used up the free credit of £3.90 as it only applies to the first trade per month. If your first trade is for ETF then you would have used up the full £3.99  (I am not sure whether the trade credit can be rolled over.)

Please note that: 

ii phone line is very busy at least 40 mins hold time.

Also, this is not the first time I have been given inconsistent information from ii or other organisations so I appreciate people asking / sharing on here.