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Important - financial advice

This is only a summary and general introduction to PIMS. You should speak to your financial adviser and read the PIMS literature suite before making an investment decision. We can only accept business that is introduced via a financial adviser.

Personal Investment Management Service

Our single premium portfolio bond is built around a simple proposition of choice, flexibility and tax-efficiency.

Latest fees

There are a number of fees that apply to PIMS policies that are not percentage based. The latest fees are shown below, and we update this page as and when fees change. When you invest in PIMS, you will receive a Policy Schedule and this details the charges specific to the charging structure you have agreed with your financial adviser. A full description of charges can be found in PIMS The Facts.


1. PIMS policies issued January 2015+

Dealing & custodian fees

These fees apply per purchase and sale of a linked investment. If the investments linked to your policy are managed by a discretionary manager, or via an external platform, then the dealing and custodian fees below may not apply. You should speak to your financial adviser and/or the platform provider, or discretionary manager to confirm applicable charges.


Policy currency
AUD
CHF
EUR
GBP
HKD
JPY
USD
Dealing 36 30 24 20 250 3,400 32
Custodian 72 60 48 40 500 6,800 64

Flat administration fees

These are the flat administration fees which currently apply when taking out a new policy. They increase each year with inflation. We measure inflation based on the Isle of Man Retail Price Index. The fee is deducted on a quarterly basis in line with your policy start date, and continues until the policy comes to an end.


Policy currency
AUD
CHF
EUR
GBP
HKD
JPY
USD
Flat admin fee 180 150 120 100 1,250 17,000 160
Flat admin fee 10yr paf 225 187.50 150 125 1,562.50 21,250 200

PAF stands for percentage administration fee. The higher flat administration fee applies if your PIMS charging structure includes a percentage administration fee with a 10 year early surrender period.


Additional valuation fees

If you request a valuation in addition to the two we provide each year, a fee will apply per additional valuation requested.


Policy currency
AUD
CHF
EUR
GBP
HKD
JPY
USD
Valuation fee 180 150 120 100 1,250 17,000 160


2. PIMS Policies issued before January 2015 - click to show

Dealing & custodian fees

These fees apply per purchase and sale of a linked investment. If the investments linked to your policy are managed by a discretionary manager, or via an external platform, then the dealing and custodian fees below may not apply. You should speak to your financial adviser and/or the platform provider, or discretionary manager to confirm applicable charges.


Policy currency
AUD
CHF
EUR
GBP
HKD
JPY
USD
Dealing 31 32 32 20 320 3,200 32
Custodian* 62 64 64 40 640 6,400 64

* Please note that the for pre January 2011 PIMS policies the custodian fee is referred to as the 'Banking fee'.


Flat administration fees

These are the flat administration fees that will have applied at the outset of a policy. They will have increased each year with inflation. We measure inflation based on the Isle of Man Retail Price Index. The fee is deducted on a quarterly basis in line with your policy start date, and continues until the policy comes to an end.


Policy currency
AUD
CHF
EUR
GBP
HKD
JPY
USD
Flat admin fee 139.50 144 144 90 1,440 14,400 144

Additional valuation fees

If you request a valuation in addition to the two we provide each year, a fee will apply per additional valuation requested.


Policy currency
AUD
CHF
EUR
GBP
HKD
JPY
USD
Valuation fee 139.50 144 144 90 1,440 14,400 144



Important

Financial advice

This is only a summary and general introduction to PIMS. You should speak to your financial adviser and read the PIMS literature suite before making an investment decision. We can only accept business that is introduced via a financial adviser.