Dealing commission per deal, UK Equities, Preference Shares, Convertibles, Investment Trusts, Overseas Transactions, UK Gilts, Debentures, Loan Stocks and Unit Trusts/OEICS
| Minimum | £10 |
| 1.65% on the first | £10,000 |
| 0.50% on the next | £90,000 |
| 0.40% on the excess over | £100,000 |
UK purchases add 0.5% Stamp Duty.
A US Compliance Charge of £10 will be applied on all purchases of US domiciled securities* (excluding DRIP trades).
Although most overseas transactions can be accommodated within these rates, please enquire at time of dealing as additional charges may be applicable. A US Compliance Charge of £10 will be applied on all purchases of US domiciled securities* (excluding DRIP trades).
Bed & ISA Charges
Sales are free of commission, purchases are charged at normal rates. The minimum is £10. For sales of a different security to that repurchased we make a flat £10 charge.
Dividend Reinvestment Plan (DRIP Scheme)
0.5% (no minimum) plus UK purchases add 0.5% Stamp Duty.
ISA Administration
| Transfer in PEP/ISA | Free |
| Income distribution | Free |
| Rights issues, takeovers, open offers | Free |
| Half yearly statement and valuation | Free |
| Transfer of ISA to surviving spouse | Free (Additional Permitted Subscription) |
| Transfer stock out of the ISA | £24 (per stock) |
| Transfer of Option shares into ISA | £24 (per stock) |
| Failure to invest plan (on closure) | £24 |
| Cash withdrawal via BACS to bank | Free |
| Cash withdrawal by cheque | £5 plus VAT |
| CHAPS payments | £25 plus VAT |
| Probate/Certified Valuations (Nominees) | £12.50 plus VAT per stock (min £37.50) |
| Probate/Certified Valuations (own name) | £20 plus VAT per stock (min £60) |
| Transfer of beneficial ownership | £20 plus VAT per stock plus Stamp Duty |
| Returned cheques | £20 plus VAT |
| Safe Custody of Foreign Stocks | £tba enquire at time of deal |
Custody Fee
0.25% charged six monthly in arrears on the total value of ALL your accounts with Pilling & Co. The fee has a minimum of £25.00 and a maximum of £90.00 if you are registered for using our on-line portal Client Web Access (CWA). For clients who request postal documents the minimum fee is £30.00 and a maximum of £100.00. In other words, any value over £40,000 (non CWA) and £36,000 (CWA) is free so you may wish to consolidate your investments from other managers.
US domiciled securities* will attract an annual custody fee of £25 per security (capped at £200 pa) and will be charged six monthly in arrears.
* US domiciled securities exclude Global Depository/shares and American Depository receipts/shares.