Hello,
We have been advised of an important change in relation to the Intelligent Money (Hubwise SIPP & PP) Annual Management Charge.
The Annual Management Charge has not increased for over a decade and Intelligent Money have made the decision to increase the fee to £150 with effect from the 1st August 2020. The change is below the level of inflation since the fees were first set.
We have attached a copy of the new Key Features document(s) which explains the new fees in more detail.
No other fees (such as income drawdown) are affected by this change.
Intelligent Money is in the process of writing to all clients directly and the 30 day notice period applies.
The Hubwise illustration tool will be updated, and we will advise when that change has been implemented.
If you have any questions please raise this via Freshdesk.
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